"I went to Novell under the mistaken goal of being a CEO. I didn’t do the due diligence, and if I had, I wouldn’t have gone. Our basic goal was to get out with our professional reputations intact and not end up in jail. The books were cooked, and people were frauds. But it turns out you can overcome that, and the skills I developed helped at Google."

I'm quite surprised that he would say something like that in public. I understand that this is a transcript made in a class in which Eric Schmidt was being interviewed. I know the chances are slim, but can anyone confirm that he really said this?