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

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.

The most attractive habitats for synthetic sentience might be the vicinities of exceptional sources of energy - for example black holes, or even the neighbourhoods of large stars, which routinely boil off the energy of ten thousand suns. These are the destinations they may seek.

I love punching the ceiling with my fists when I'm lost or I can't find a parking space.

I don't even know if I exist offstage.

We are made of the stories we have heard and read all through our lives.

I don't think you ever think of a big city as sweet or community, but there are cities that I think of as charming and particular and interesting cities. I live in one now, Charleston.

Being a useful man has always seemed to me to be something truly hideous.

I take a breath when I have to.

Justice as fairness provides what we want.

The world is a book and those who do not travel read only one page.

I'm the biggest Chekov fan - there's something that he does that not many other writers do.

If I was to meet Lou Reed or Bob Dylan, I would be totally helpless. Writers and musicians make me feel completely starstruck.

Drug addiction is a self punishing disease that ruins mental psychological and physical health.

Money doesn't matter on a deeply personal level. It doesn't make you feel any happier. But of course I am very aware that I don't have to worry about earning a living or about those very important practical things that most people have to worry about on a very real level.