Quotation 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.

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Understanding this quote AI Analysis

Michael Ramsey acknowledges that Ken Lay was in charge when Enron collapsed and admits Lay’s role in that failure. However, he makes a clear distinction that simply failing at something does not mean Lay committed a criminal act.

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