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16

Enron CEO Claimed Himself Innocent

He confirmed that he abruptly resigned from the company a few months before it collapsed because he was worn out

Former Enron Corp. CEO Jeffrey Skilling told jurors in trial on Monday that he is not guilty in fraud and conspiracy.

"I am absolutely innocent," Skilling said right after he swore to tell the truth while testifying in his own defense Monday.

He confirmed that he abruptly resigned from the company a few months before it collapsed because he was worn out and troubled by its falling share price, and not because he knew disaster loomed.

As he testified, he became more relaxed and conversational, with no hint of the swaggering bravado for which he was known when he ran what was once the nation's seventh-largest company.