In the case of Enron, we balance our positions all the time.

They can't do without electricity. They can do with less electricity.

Investors don't like uncertainty.

But the most important thing is, Enron did not cause the California crisis.

Today, there are also buyers and sellers of all these energy commodities, just like there are buyers and sellers of food commodities and many other commodities.

But I can't take responsibility for criminal conduct of somebody inside the company.

We've tried to get as much supply into California as we can.

Well, rates would go up whether you deregulate or not, and of course, the rates that are going up right now on the electricity side are still within the regulated framework.

But indeed a market like California is not good for Enron.

We see ourselves as first helping to open up markets to competition.

There are no accounting issues, no trading issues, no reserve issues, no previously unknown problem issues.

The transmission systems are still regulated.

We need someone who is a strong representative of our value system.

I take full responsibility for what happened at Enron. But saying that, I know in my mind that I did nothing criminal.

Any slots at the senior level, including CEO or other slots, will be filled internally.

Every market is in transition.

I have to take responsibility for anything that happened within its businesses.

Am I a fool? I don't think I'm a fool. But I think I sure was fooled.

We use competitive markets to arrange for delivery of our food supply.

We don't break the law.

Our liquidity is fine. As a matter of fact, it's better than fine. It's strong.

The problems in California have been that it's been very difficult to site and build new power plants.

You'd rather have a surplus versus a shortage in your position.

The last thing I would have ever expected to happen to me in my life would be that, in fact, I would be accused of doing something wrong and maybe even something criminal.

You'll have lower prices under deregulation than you will through regulation.

Jeff knew full well what he was walking away from. Again, he needed to deal with this right away.

When there's uncertainty they always think there's another shoe to fall. There is no other shoe to fall.

There are absolutely no problems that had anything to do with Jeff's departure.

But certainly I didn't know he was doing anything that was criminal.

In the case of Enron, we balance our positions all the time.

Trillions of dollars every day are being exchanged around the world in all of the financial markets.

I don't think I'm a criminal, number one.

I've been a strong financial and political supporter of, first, President Bush Sr. when he was running for president, and even when he ran for president a time or two and failed.

I mean, our primary businesses in wholesale pipelines, utilities, retail, were all doing extremely well.

I have faith in the market when we get the rules right.

Aggressive accounting does not mean illegal accounting.

Almost every wise saying has an opposite one, no less wise, to balance it.

I believe as human beings we are out of balance, out of synch with the earth.

But all the money in the world cannot make you happy either, so there has to be a balance.

In almost every country there are elements of opinion which would welcome such a conclusion because they wish to return to the politics of the balance of power, unrestricted and unregulated armaments, international anarchy, and preparation for war.

But if you can create an honorable livelihood, where you take your skills and use them and you earn a living from it, it gives you a sense of freedom and allows you to balance your life the way you want.

And Big Night, I think by the end the brothers find that balance, when they touch each other on the shoulder over breakfast and it's understood that what should never have driven them apart almost drove them apart. I think that's a true moment.

Remember Graham Green's dictum that childhood is the bank balance of the writer? I think that all writers feel alienated. Most of us go back to an alienated childhood in some way or another. I know that I do.

In 1844, there was a balance of perhaps of a couple of thousand dollars on the cr side.

You need a balance in life between dealing with what's going on inside and not being so absorbed in yourself that it takes over.

We believe, in fact, that the one act of respect has little force unless matched by the other - in balance with it... The acting out of that dual respect I would name as precisely the source of our power.

You can't have too much of everything, you must have a balance, that's very important.

I've watched those shows my whole life - being on one is like a dream. It's hard to balance that dream with the fact that this is the Edie I've known my whole life.

Action is at bottom a swinging and flailing of the arms to regain one's balance and keep afloat.