SEC Let's Enron Baddies Off Easy
Remember Lou Pai?
If not, see "The Smartest Guys in the Room."
Lou Pai, to refresh yer memory, sold tens, no wait, hundreds of millions of dollars worth of Enron stock while CEO of "Enron Energy Services," then disappeared into the sunset before the entire fraudulent shambles came crashing down.
Today, the SEC announced they'd squeezed $30 million out of him. Pocket change, of course, and he's a free man, still enjoying millions of ill-gotten bucks while those he ruined work through their retirements just to make ends meet.
Is that really the best justice we can get in this country?