The collapse of Enron and the subsequent collapse of Arthur Andersen were tremendous tragedies. But as I stated at the time of my indictment on July 8, 2004, failure does not equate to a crime.

Today, there are also buyers and sellers of all these energy commodities, just like there are buyers and sellers of food commodities and many other commodities.

But indeed a market like California is not good for Enron.

They can't do without electricity. They can do with less electricity.

We see ourselves as first helping to open up markets to competition.

Am I a fool? I don't think I'm a fool. But I think I sure was fooled.

I don't fear jail because I know I'm not guilty. I know I did nothing wrong. I did nothing criminal and I also believe my God will get me through this.