One of the strongest parts of our case has to do with the fact that Ken Lay never sold one share of Enron stock that he was not compelled to sell.
Ken did make optimistic statements. What do you expect the CEO to do in a situation like this? He was not lying. He was telling the truth as he saw it. He believed ... and he was fighting a battle.
Everything was done according to the book. Ken Lay never sold one share of stock that wasn't a forced sale.
I have thought from the beginning that the way to handle it was to be as open as possible. Ken has always been a very public man.