Quote by Michael Ramsey
Ken Lay has, does and will continue to accept responsibility for the fall of Enron. He was the man at the controls. But failure is not a crime.
Summary
This quote suggests that while Ken Lay acknowledges his responsibility for the collapse of Enron, it argues that failure is not equivalent to committing a crime. It implies that although Lay made mistakes and oversaw the actions that led to Enron's downfall, his actions may not have been intentionally criminal. The quote highlights the distinction between accepting responsibility for failure and being accountable for committing illegal acts. It hints at the idea that although Lay may have made grave errors in judgment, he should not be automatically deemed a criminal solely based on the company's collapse.