Well, actually, I had been working as a consultant to former companies of Enron, or predecessor companies of Enron and, so, I joined in 1990 to really start our wholesale merchant business.
Meaning of the quote
Jeffrey Skilling, an American criminal, worked as a consultant for companies that later became part of Enron. In 1990, he joined Enron to help start their wholesale trading business. This quote shows that Skilling was involved with Enron from the beginning, even before it became the large and powerful company it later became, which was known for illegal and unethical practices.
About Jeffrey Skilling
Jeffrey Skilling was the CEO of Enron during the company’s collapse. He was convicted of federal felony charges related to the Enron scandal and sentenced to 24 years in prison, which was later reduced to 14 years after a deal with the Department of Justice. Skilling served 12 years in prison and was released in 2019.
More quotes from Jeffrey Skilling
I think we had made some tremendous progress in the six months before I left.
former CEO of Enron Corporation
Was I believer in Enron Corporation? Yes, sir, I was.
former CEO of Enron Corporation
It was a very difficult 10 years of very hard work.
former CEO of Enron Corporation
Are the things that now, in retrospect, with what I’ve seen happen to my company, would I have done some things differently? I think – I think we all would do – we would do a number of things differently.
former CEO of Enron Corporation
In the fall of the year 2000, there just happened to be a decision point when they asked me to become Chief Executive Officer of the company. It was a time when, as you remember, we were starting to have some real problems in the California energy markets.
former CEO of Enron Corporation
I sold some shares, but on a net basis, significantly increased my ownership.
former CEO of Enron Corporation
Well, as we built the business in the 1990’s, as I said, I enjoyed that.
former CEO of Enron Corporation
We built that into a wholesale business that became, really, one of the largest companies in the United States. We had success in building new markets, opening markets for competition, and that takes a personal toll.
former CEO of Enron Corporation
Well, actually, I had been working as a consultant to former companies of Enron, or predecessor companies of Enron and, so, I joined in 1990 to really start our wholesale merchant business.
former CEO of Enron Corporation
We were building a – what I thought was a fantastic company. We had great people. We were changing – we were changing the way the marketplace operated. We were creating a market for natural gas and electricity that had never existed before.
former CEO of Enron Corporation
I thought the stock was a great buy. I think anybody that bought the stock in 1999 was – saw over the next couple of years a strong growth. During the year of 1999, I significantly increased my ownership of shares in the company.
former CEO of Enron Corporation
Larry, I spent probably most of my professional life helping to build Enron Corporation. I don’t think there was anyone that was as shocked by the – by the collapse of the company as I was.
former CEO of Enron Corporation
The indictment, in a lot of ways, that was the turning point.
former CEO of Enron Corporation