John Emshwiller
speaker
265 appearances
1 recordings
1 series
first heard Oct 2021
last heard Oct 2021
John Emshwiller’s voice in public audio — every appearance, attributed to the second.
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Appearances
Enron was understandably eager to quiet any concerns, and the company had no better man for that job than former CEO Ken Lay, the charmer-in-chief.
Rebecca had interviewed him several times.
Lay had been Enron's CEO for over a decade before skilling and was perhaps the company's most famous figure.
He had close, personal relationships with both Presidents Bush.
George W. sometimes even referred to him as Kenny Boy.
Lay stepped back into the CEO role after Skilling resigned.
He knew the shareholders couldn't be happy about the falling stock price, and many of his employees had their life savings wrapped up in company stock.
So, a couple of days after Skilling's resignation, Lay held a company-wide meeting at the Hyatt Regency's Imperial Ballroom in downtown Houston.
Good morning.
Under the spotlight, he spoke directly to employees.
Many of you are concerned about the...
about the value of your stock options.
I'm concerned about the value of my stock options.
In a seeming effort to boost morale, he offered them a little something pulled from his back pocket, more stock options.
Now, it won't make you rich, but it might make you feel better.
I think we've got a lot of great stuff going on.
We are now about three times the size of the next largest competitor.
But there's more than meets the eye here.
Listen closely.
We certainly think we're close to, if not at the bottom of this cycle.
Showing 141–160 of 265 · page 8 of 14
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