To the extent that Lay is making a statement of opinion, the government has to show not only that that statement was false but that he knew it to be false, ... The problem with doing that is that Lay did make some significant purchases of Enron stock and held onto all of his Enron stock except for those shares he sold pursuant to margin calls.
Well, it wasn't a conscious decision to do that, it just worked out that Phil Collen , guitar was hanging out in Los Angeles with Swedish producersongwriter Andreas Carlsson , you know, just coffee, bite to eat, shootin' the shit, that sorta thing, when Andreas said, 'We should write a song together.' Something we all say from time to time but very rarely do. Anyway, it didn't happen, but Andreas did call us about six months later and told us he had a song, 'Unbelievable' , that he thought sounded like us So, long story short, he sent a copy over, we played it, liked it, recorded it