Break Quote by Kenneth Lay
“If there is anything material and we're not reporting it, we'll be breaking the law. We don't break the law.”
About This Quote
Source Testimony: Corporate compliance hearing, unknown venue
Failing to report material information would be illegal; the speaker asserts they always comply with the law.
In simple terms: Not reporting material info breaks law; they claim compliance.
Key Takeaway
Maintain transparency and legal compliance.
Themes
ethics
law
corporate governance
transparency
Mood
cautious
serious
Type
legal
corporate
When to use this quote
- board meetings
- legal training
- audit preparation
Key Concepts
regulatory compliance
financial reporting
corporate responsibility
Questions to Reflect On
- What mechanisms ensure accurate reporting?
- How can whistleblowers be protected?
A Different Perspective
Compliance claims may be contested by evidence.
![“Every instance of this stuff, from this tax return business to the illegality. You know who is actually breaking the law in this country. It's every Democrat you can think of in this regime, at the DOJ, and Hillary Clinton and her e-mail server. [Donald] Trump hasn't broken one law yet. The media…” quote by Donald Trump](https://sms4smile.com/quotes/img-quotes/58d/donald-trump-18_breaking-the-law_every-instance-of-this-stuff-from-this-t_2104001.jpg)
