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A Retrospective Look at What Enron CEO Said on September 26, 2001

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The company is fundamentally sound. The balance sheet is strong. Our financial liquidity has never been stronger... My personal belief is that Enron stock is an incredible bargain at current prices and we will look back a couple of years from now and see the great opportunity that we currently have. (Enron Chairman Kenneth Lay on September 26, 2001 in an online chat with employees, as reported by Reuters. Less than three months later the company filed for bankruptcy.)
Tags: Enron, liquidity, CEOs