Skip to content

Criminals Quote by Kenneth Lay

“I take responsibility for what happened at Enron, both good and bad. But I cannot take responsibility for criminal conduct that I was unaware of.” quote by Kenneth Lay
Download Open image
“I take responsibility for what happened at Enron, both good and bad. But I cannot take responsibility for criminal conduct that I was unaware of.”

Kenneth Lay

About This Quote

Source Speech: Testimony before the U.S. Senate Committee, 2001

He accepts overall responsibility for his company’s outcomes but denies knowledge of illegal actions.

In simple terms: Accepts overall responsibility but not for crimes.

Key Takeaway

Distinguish between oversight and culpability.

Themes

leadership accountability ethics

Mood

serious defensive

Type

corporate legal

When to use this quote

  • board meetings
  • public statements
  • crisis management

Key Concepts

corporate governance legal responsibility

Questions to Reflect On

  • What is the extent of a leader’s duty to uncover wrongdoing?
  • How should accountability be measured when knowledge is limited?
A Different Perspective

Denial may be seen as evasive or incomplete.

4.4 out of 5 (5 ratings)

More by Kenneth Lay

Explore all 45 Kenneth Lay quotes

More Criminals quotes

Browse all 1,886 Criminals quotes