- Jeffrey Skilling: Oh I can't help myself. You know what the difference between the state of California and Titanic? And this is being webcast, and I know I'm going to regret this - at least when the Titanic went down, the lights were on.
- Kenneth Lay: [Q&A session with employees] All right, we are down to questions. And I got a few up here.
- [reads question from the floor]
- Kenneth Lay: 'I would like to know if you are on crack, if so that would explain a lot. If not, you may want to start because it's going to be a long time before we trust you again.'
- Analyst: You are the only financial institution that can't produce a balance sheet or cash flow statement with their earnings...
- Jeffrey Skilling: You, you, you... Well, uh... thank you very much. We appreciate it... asshole.