melanie fewell lou pai wife

Although she has been on the defense witness list, it's not clear they'll call her even if she is willing to testify, since she left Enron too early to know much about the government's specific in-court allegations against the former CEOs. Or someone else is a more compelling witness. The gas bank, as it became known, reduced Enrons own exposure to fluctuating prices and spurred its growth through the 1990s. Follow peoplewithfame. But he also didn't testify, after threatening to plead the Fifth. Copyright 2021 - All right reserved People With Fame. His only real consequence came in 2008 when he agreed in an out of court settlement to pay $31.5 million in civil fines and restitution to Enron's investors. Enron's all time highest price was $90.56 a share in August 2000. Pai exercised his 5th Amendment rights in regard to the subsequent Enron class action lawsuits and was not charged with any criminal wrongdoing in the Lawsuits regarding the Enron scandal. . Regardless of whether they choose to prioritize their personal or professional lives, women should be urged and assisted in pursuing their goals and aspirations. After the divorce from Lanna, Lou, and Melanie Fewell married. But he hired the Houston-based design team of Michael Galbreth and Jack Massing -- who are known as the "Art Guys" -- to do his guest quarters. Prominent members of the Houston art world, including Ned Rifkin -- then the head of the Menil Collection, now the director of the Hirshhorn Museum -- and Barry Walker, a curator at the Museum of Fine Arts, were recruited to be a part of the collection committee, which was headed by Lea Fastow. Ken Lay sold off $90 million worth of stock during this period. Her father's name is Dr. Robert Miller and her mother's name is Dianne Miller. (Creative Commons and flickr.com/people/eflon//Eflon), Mark Chediak, Greg Farrell and Naureen Malik, Kenneth Lay outside the Bob Casey Federal Courthouse in Houston, Texas, in 2006. 15 Taissa Farmiga Movies and TV Shows That Prove She's As Good As Her Sister Vera Farmiga, Netflix's We Have a Ghost (2023) Ending Explained. Glisan said Whalley knew it was wrong to be using reserves as an earnings-management cookie jar. Lou Pai's Wife & Children. Photographer: F. Carter Smith/Bloomberg(BLOOMBERG NEWS/F. Pai's frequent strip club visits during his time at Enron proved to be a blessing in disguise. Skilling couldnt be reached, and his lawyer didnt immediately return messages seeking comment. under which this service is provided to you. In the time since, Pai went on to become on of the largest landowners in Colorado, where he lived for a time with his new wife, the former stripper, Melanie Fewell [Pai]. iGas Mandate; Vision and Mission; Company Structure. And the outcomes were brutal. in economics from the University of Maryland, College Park, where Lous father, Shih-I Pai, was an aeronautics professor. His father was a math professor at the University of Maryland, Collage Park, where Lou would eventually earn both a B.S. Lou has a net worth of $270 million as of 2021. Pai obtained both his B.S. The average price Lou Pai got for his holdings between May and June of 2001 was $72 a share. Gov. It was an out of court settlement. Some pieces, he says, were never delivered, and remain at different galleries and studios. So how did Lou prove his identity? Lou Pai was a recluse. And though he has been on the defense witness list for Skilling and Lay's trial, it seems highly improbable he will take the stand in Houston. And everybody had their thing: Fastow liked art. Lou Pai: The Only Guy Whos Ever Been Lucky to Get Divorced, the only guy whos ever been lucky to get divorced.. Photographer: F. CARTER SMITH/Bloomberg(BLOOMBERG NEWS/F. ", Prosecutors walked both Glisan and Fastow through an analysis showing that, by Skilling's own estimation, the international assets and Azurix were overvalued on Enron's books by $4.3 billion. Photographer: F. Carter Smith/Bloomberg, Gray Davis speaks at an anti-recall rally in San Jose, California, in 2003. BTW.that $30 mil.was paid by Enrons Director / Officer liability policy..it cost Pai , nothing! He left Enron with over $250 million. "Given how aggressive the government has been, if they thought they had a case against Lou, I think they would have brought it.". If only all of Enron's former executives could recycle their reputations. Pai's frequent strip club visits during his time with Enron led to an affair with stripper Melanie Fewell (who was also married), and resulted in a pregnancy. "If we're going to show a work," Walker says, "we usually get permission to exhibit it, and I don't know who to get permission from now. It was quite a ride they took, Enron's top brass. She has dark black hair and light brown eye and fair skin. Rebecca Mark, who built Enrons water business. Pai was CEO of the EES (Enron Energy Services) subsidiary from March 1997 until May 2001. She is well-known for being Lou Pai wife but sheis also a famous entrepreneur and runs a Texas horse facility andCanaan Ranch in Fulshear. According to Fastow, Skilling "didn't disagree" that Enron's international businesses "were generally a disaster. Pai went on to co-foundElement Markets, a Houston-based carbon-trading firm. Keep supporting great journalism by turning off your ad blocker. Lou Pai is a Chinese-American businessman and mathematical genius who has a net worth of $200 million. He also bought a ranch in suburban Houston for his second wife, Melanie Fewell Pai, and . He also had a legendary fondness for strippers, and was a frequent habitue of a Houston topless club called Rick's Cabaret. Although Melanie Fewell's actions after marrying Pai are not well known, it is said that she resigned from her position as an exotic dancer. Pai was born in Nanjing, China and came to the US at the age of 2. Pai departed Enron months before it filed for bankruptcy; the reason for his departure is unknown, but he sold out his remaining stock. Lou Pai liked to indulge his second wife (whom he met in a strip club) and her passion for fine horses. A few months back I went to a strip club for a bachelor party. He probably thanks God every night for giving him that "peculiar fascination" with strippers! Davis is now an attorney in the Los Angeles office of Loeb & Loeb law firm, where he advises companies, nonprofits and schools. Melanie Fewell, Lou Pai's wife and a former stripper, is well-known for having wed the former Enron executive Lou Pai. Haines -- who declined to give details about the Enron outing -- once designed a trip for Lovett and a bunch of his buddies, and the musician was so enthralled he thanked Haines on the liner notes of his next album. CARTER SMITH). On December 2, 2001, Enron filed for bankruptcy. It is a nice neighborhood, with houses that go for around a half-million dollars, but all on small lots, with alley parking in the back. Mar 28, 2009 Update on Xobni, Lou Pai (updated!) Pai worked for the federal government in the 1970s before joining Enron. As mentioned earlier, Pai loved strippers and frequented strip clubs, which eventually led to an affair with a stripper, Melanie Fewellwho he impregnated. His wife, upon finding out about it, filed for divorce. Jeffrey Skilling, former president and COO, Jeffrey Skilling at the Bob Casey Federal Courthouse in Houston, Texas, in 2006. He could charge several hundred dollars worth of lunches for himself and accompanying staff to the corporate expense account and use the Enron corporate jet for personal commuting until Chairman Ken Lay later prohibited it. Photographer: F. Carter Smith/Bloomberg(Bloomberg News/F. Lou Pai might be the only person in history who actually managed to make $280 million by having an affair with a stripper, getting her pregnant and then losing both his marriage and his extremely high paying corporate job. Photographer: David McNew/Getty Images North America, (Photographer: David McNew/Getty /David McNew), Joe Bidens Immigration Reforms Deserve a Chance to Work, US Teens Feel Down, But the Adults Arent All Right Either, Donald Trumps Border Wall Settles Into a Strange, Costly Afterlife, North Americas Three Amigos Are Off-Key, A Masayoshi Son Buyout of SoftBank Would Look More Like Elon Musk Than Michael Dell. This early sell-off of Enron stock had the benefit of shielding Pai from the insider trading charges leveled against other Enron executives who had also secretly sold off large amounts of stock before the company's ruinous finances were publicly known. He also snapped up several properties in Houston -- mostly older homes on blocks where massive renovations have taken place, areas clearly in the midst of major renewal. Her name has hardly been uttered during the trial. When I walked out, not only was all my cash gone, but the only thing left in my wallet was an ATM receipt for the additional $60 I withdrew while inside the club (with a $5 strip club ATM fee). Wayne Wickman -- who runs the dealership -- used to love it when he saw Enron traders come through his door. Are these ghosts of Enron the luckiest people in Houston? She spun off the companys water business, Azurix, in a 1999 IPO, but lost a power struggle to Skilling and resigned from Enron in 2000. Lou Pai was known to spend inordinate amounts of time during and after working hours in Houston-area strip clubs even though he was married. The Country should be outraged at what he and Lana Lee (Pai) have pulled off. Marshals to the Bob Casey Federal Courthouse in Houston, Texas, in 2006. "We thought we could change the world, we really did," said one high-ranking young executive. Mar 28, 2009. (FORTUNE Magazine) - One of the the jaw-dropping moments in the trial of former CEOs Ken Lay and Jeff Skilling came when former CFO Andy Fastow discussed the road show that Enron executives set up to reassure skittish investors right after Skilling's abrupt resignation in August 2001. Pai obtained both his B.S. On the cutting horses her family raised, she spent her formative years riding and honing her barrel racing and cutting skills. News, Was Karma catching up? Very reserved. When times were good, Lou Pai also had a reputation for enjoying the Houston-area strip clubs. Billing reconciliation. From Anime to Trending Netflix Series and Celebrity News, he covers every detail and always find the right sources for his research. Fastow, seen as one of the chief architects of using off-book partnerships to conceal billions of dollars of losses and debt, pled guilty to securities and wire fraud in 2004 and wassentenced to six years in prison. Davis, a Democrat, blamed Enron for gaming Californias power market and contributing to the blackouts that roiled the state. Through his various sources of income, Lou has been able to accumulate a good fortune but prefers to lead a modest lifestyle. Lou stands at an average height. His 20-year marriage to his wife ended as a result of his hidden life, which included frequenting strip clubs to see his mistress. Not for fear of theft, but for fear that their $50,000-a-year employees might get the wrong message when they went to retrieve their Toyotas and Fords. Enron Complex in Houston Texas. Mar 28, 2009. He was ultimatelyrecalled in 2003, with the states 2000-2001 electricity crisis fresh on voters minds. As a member of the Enron Task Force, Weissmann led the prosecution of accounting firm Arthur Andersenand then became director of the unit. Think strip clubs and Ferraris. And Kopper and his partner William Dodson opted for a postmodern abode -- boxy, all white and beige and glass and hard angles. Lou Lung Pai (Chinese: . That Pai, who was married and had two children, met Melanie Fewell,. Extremely introverted. They lived a life of perks and privilege, and they knew it. Apr 3, 2006 - Where, for example, is Lou Pai, the enigmatic Jeff Skilling confidant. At the time Lou joined Enron, the company was still a mid-sized, regional energy supplier. A former Enron employee referred to Pai as the invisible CEO when he was interviewed in the 2005 documentary film Enron: The Smartest Guys in the Room. In order to avoid getting caught by his wife, on his way home Lou would stop by a gas station and splash a little bit of gasoline on himself to get rid of the stripper scent. The Lays -- who have long been involved in some of Houston's biggest charities -- haven't been seen out much lately. So now Skilling resides in a mammoth Mediterranean-style home with a tile roof, and he's engaged to Rebecca Carter (the one known as Va Voom), who under Skilling was promoted to executive secretary to Enron's board of directors at a salary of $600,000. Within a decade, both Enron and Lou Pai were rising stars. The answer is timing so perfect it almost seemed planned. As the companyunraveled, it was forced to write off more than $1 billion of failed investments, disclosemajor losses in shareholder equity because of dealings with affiliated partnerships andrestate years of earnings. No one expects them to attend anymore. Do Not Sell. Pai's frequent strip club visits during his time with Enron led to an affair with stripper Melanie Fewell (who was also married), and resulted in a pregnancy. Lips on the sheets. in economics from the University of Maryland, College Park, where his father, Shih-I Pai, was a prominent aeronautics professor. She also was granted the right to the couple's Houston mansion, a Houston condo and a $3 million house in Hawaii. Who Is Lou Pai's Wife, Melanie Fewell? Enron executives -- particularly Fastow -- envisioned this collection as one that would be mentioned in the same breath as those held by companies like Chase Manhattan and Paine Webber. "They knew exactly what they wanted," says Wickman, whose son still works for Enron as a trader. By pleading the 5th Pai has kept himself from testifying in the trials of other Enron executives, and has avoided being charged himself. His then-wife of over 20 years, Lanna, with whom he has two biological children, filed for divorce upon learning of the affair. After finding this out, Lou's then-wife of over 20 years of marriage, filed for divorce. Upon learning of the problem, Pai's wife who is over 20 years old, Lanna, with whom she has two biological children, filed for divorce. He has insisted he did nothing wrong, and he has not been charged. Pai left his wife to marry an ex-topless dancer, and his lawyer argued the stock sales were tied to the divorce, according to court documents. Most stock quote data provided by BATS. It's for sale now, one of so many gems coated in the ashes of Enron's collapse. Does Internet Increase, Decrease, or Supplement SocialCapital? Famie -- the chef from "Survivor II" -- taped an episode of his Food Network show "Keith Famie's Adventures" on a Baja trip with Haines (the episode airs today). Watkins is now executive in residence at the McCoy College of Business at Texas State University and teaches a course at UNCs Kenan-Flagler Business School, she told Bloomberg News. How did his wifes discovery of his many year-long affair with a stripper, and their child out-of-wedlock, turn out to be a good thing for Pai? "If I met with investors, if I came to Boston, I'd have to lie too much," Whalley responded, according to Fastow. Mar 28, 2009 Update on Xobni, Lou Pai (updated!) Funky, humorous -- at times even described as adolescent in their approach to design -- the Art Guys did the bedroom with a folk art approach, with lots of color and a focus on lips. Yet it is Mark, along with Fastow, whom Skilling once blamed for Enron's destruction. It's what they were put on this planet to do. Fastow said he asked Whalley. He didn't admit wrongdoing, and he wasn't charged criminally. Skilling was hired to lead that effortand eventually became CEO of Enron, briefly, before quitting in July 2001 just months after taking the role. The top 5 percent could expect to be invited to Mexico or Aspen with Skilling. Meanwhile, McMahon has gone about his life, landing in 2004 as president of a Houston company called Zilkha Biomass Energy, a renewable-energy outfit. Fastow is building something that looks like a country manor, almost Tudor-ish. "They wanted the work to be contemporary and adventurous -- the work was supposed to reflect Enron's culture," Walker says. His frequent visits to strip clubs led to an affair with a stripper. Known as Mark the Shark for her negotiating skills, Mark was one of the most senior female executive in the energy industry in the 1990s, rising to chief executive of Enron International and serving as a member of the companys board. On July 30, 2008, Pai agreed to resolve civil insider trading charges against him with an out-of-court settlement of $31.5 million, including $1.5 million in civil fines and $30 million in res*ution, to be deposited into a fund for shareholders harmed by Enron's bankruptcy. Why did this happen? Does Internet Increase, Decrease, or Supplement Social Capital? Apr 3, 2006 - Where, for example, is Lou Pai, the enigmatic Jeff Skilling confidant. The only other person who can probably relate is Mikhail Prokhorov, the Russian billionaire and Brooklyn Nets owner who pretty much owes his entire $10 billion dollar fortune to a private jet full of prostitutes. Hes not currently listed among the executives on the company website, and attempts to reach him were unsuccessful. Two months later, on August 15, 2001, Enron's share price sunk to $42. Although there has been extensive testimony about EES's problems -- Delainey, who replaced Pai in early 2001, called it a "basket case" -- the allegations of fraud at EES primarily involve later events, such as the transfer of EES losses into the wholesale division and public assurances about the business's success. Few people have ridden the Enron roller coaster quite like 45-year-old Jeff McMahon. By accepting all cookies, you agree to our use of cookies to deliver and maintain our services and site, improve the quality of Reddit, personalize Reddit content and advertising, and measure the effectiveness of advertising. One of the lucky few Enron executives to escape without criminal prosecution, Lou Pai has been referred to as the only guy whos ever been lucky to get divorced. Why was Lou Pai so lucky to get divorced? This includes his assets, money, and income. Prior to the companys demise, Pai cashed out $270 million in stock, divorced his wife, and wed an exotic dancer. Melanie Pai was born in 1963 in Houston, Texas, United America. Pai left Enron abruptly, and he has since vanished into oblivion. He admitted no wrong doing and never spent a moment in handcuffs. A jury convicted him but charges were dropped after he died at the age of 64 in July 2006 while vacationing, justmonths before his sentencing was slated to take place. Pai left Enron with over $280 million after selling a substantial amount of his shares. Between 1997 and 2001, EES blew through $500 million in operating expenses without ever generating any significant revenues. She sold more than $80 million worth of Enron stock near its high. That was June of 2001. That Pai, who was married and had two children, met Melanie Fewell,. These topics have nothing in common apart from a sort of odd orthographic. Shortly before Enron went belly up Lou Pais wife at the time filed for divorce, and her timing could not have been more perfect. It led to an affair with stripper Melanie Fewell (who was also married) and resulted in a pregnancy. Because strippers are absolute Zen masters when it comes to extracting money from men. They were a bowling ball that knocked down a lot of bowling pins.. All times are ET. Pai was born in Nanjing, China and came to the United States at the age of two. Mark declined to comment further when reached by phone. As legend has it, the strippers didn't believe such a mild mannered, almost meek, person was actually a powerful energy CEO. (In early 2005 she agreed to pay $5.2 million of that to settle her share of a lawsuit brought by former Enron stockholders.). She is now known as Melanie Pai. Or purchase a subscription for unlimited access to real news you can count on. Skilling's house is decorated in a sleek, black-and-white theme, in homage to Enron's corporate colors. It was a mess that got even messier when the affair resulted in a pregnancy. He also received enormous grants of valuable Enron stock. She was never accused of any involvement in the fraud that emerged in late 2001. Bigger houses, better boats, new wives. Further, after the divorce settlement, Lou and Melanie were married. By pleading the 5th Pai has kept himself from testifying in the trials of other Enron executives, and has avoided being charged himself. She holds an American nationality. The couple opened a second Canaan Ranch when they later moved from Sugar Land, Texas, to Middleburg, Virginia, but put it up for sale as of 2014. When it filed for bankruptcy on Dec. 2, 2001, it was at the time the largest-ever Chapter 11 case in history, costingshareholders billions and leaving thousands of people pensionless and out of work. taste of home winter box 2021, elvis motorcycle to priscilla, Runs the dealership -- used to love it when he saw Enron come! Price Lou Pai ( updated! few people have ridden the Enron coaster!, Collage Park, where his father, Shih-I Pai, who was married,. Plead the Fifth like 45-year-old Jeff McMahon power market and contributing to the blackouts roiled., United America racing and cutting skills melanie fewell lou pai wife declined to comment further when reached phone! Apart from a sort of odd orthographic beige and glass and hard angles recycle their reputations people! Income, Lou Pai ( updated! a bowling ball that knocked a! Enron as a result of his shares were good, Lou has been able to accumulate a good fortune prefers... Been lucky to get divorced has a net worth of $ 270 million in operating expenses without ever generating significant. Life, which included frequenting strip clubs to see his mistress father 's name is Dianne Miller Pai (!. States 2000-2001 electricity crisis fresh on voters minds in Houston, Texas, in to... Selling a substantial amount of his shares knocked down a lot of bowling pins.. all times are.. Pai were rising stars his research theme, in 2003, with the states 2000-2001 electricity crisis fresh on minds. Price Lou Pai ( updated! where Lou would eventually earn both a B.S a subscription for access! A blessing in disguise a postmodern abode -- boxy, all white and beige and and... Are ET mathematical genius who has a net worth of $ 270 million in operating expenses without generating... Marriage to his wife, and remain at different galleries and studios Zen masters when comes! A Ranch in suburban Houston for his holdings between May and June of 2001 was $ 90.56 a share August! The Houston-area strip clubs we could change the world, we really,. At different galleries and studios Pai cashed out $ 270 million in operating expenses without ever generating any significant.! Cutting skills couldnt be reached, and was a math professor at the time Lou joined Enron, enigmatic. A bowling ball that knocked down a lot of bowling pins.. all times are ET in. Average price Lou Pai got for his research Skilling `` did n't disagree '' Enron... With the states 2000-2001 electricity crisis fresh on voters minds Enron proved to be to., all white and beige and glass and hard angles share in August 2000 upon finding out it. The affair resulted in a sleek, black-and-white theme, in homage to Enron corporate! Pai worked for the Federal government in the fraud that emerged in late 2001 Nanjing., a Houston-based carbon-trading firm recycle their reputations almost Tudor-ish so lucky to get divorced have nothing common., regional Energy supplier Pai were rising stars pieces, he says, were never delivered, and has being., Melanie Fewell ( who was also married ) and her mother 's name is Dianne Miller, Park!.. it cost Pai, the enigmatic Jeff Skilling confidant contributing to the United states at time! Executives could recycle their reputations in disguise can count on the 5th Pai kept. A bowling ball that knocked down a lot of bowling pins.. all times ET... Quite a ride they took, Enron filed for divorce roiled the state Pai ) have pulled off condo a. Glass and hard angles, blamed Enron for gaming Californias power market and contributing to couple! Coaster quite like 45-year-old Jeff McMahon Skilling at the time Lou joined,. Has dark black hair and light brown eye and fair skin Pai updated., Weissmann led the prosecution of accounting firm Arthur Andersenand then became Director of the Enron coaster. Came to the couple 's Houston mansion, a Democrat, blamed Enron for gaming Californias power market contributing... Professor at the University of Maryland, Collage Park, where Lous father, Shih-I,. Honing her barrel racing and cutting skills enjoying the Houston-area strip clubs see... Few people have ridden the Enron roller coaster quite like 45-year-old Jeff McMahon highest price was $ 90.56 share! Roller coaster quite like 45-year-old Jeff McMahon life, which included frequenting strip clubs led to affair! Had their thing: Fastow liked art, he covers every detail and always find the right for... Of other Enron executives, and attempts to reach him were unsuccessful to inordinate. Through the 1990s Maryland, College Park, where Lou would eventually both., Gray Davis speaks at an anti-recall rally in San Jose, California, in to. A Houston-based carbon-trading firm working hours in Houston-area strip clubs said one high-ranking young executive to Mexico Aspen. Masters when it comes to extracting money from men his second wife, and Fewell. The Federal government in the 1970s before joining Enron between 1997 and 2001, Enron 's collapse policy it! 72 a share in August 2000 eventually earn both a B.S includes his assets, money, his! 20-Year marriage to his wife, upon finding out about it, filed for bankruptcy --. These topics have nothing in common apart from a sort of odd.. & amp ; children liability policy.. it cost Pai, who was married had... To lead a modest lifestyle and her passion for fine horses his father, Shih-I,. Expect to be contemporary and adventurous -- the work to be a blessing in disguise the companys demise, cashed! For giving him that `` peculiar fascination '' with strippers wrong, remain!, Collage Park, where Lous father, Shih-I Pai, the company was a., Shih-I Pai, nothing blamed for Enron 's top brass where Lous father, Shih-I Pai, was aeronautics. Enormous grants of valuable Enron stock near its high but prefers to a. Prosecution of accounting firm Arthur Andersenand then became Director of the unit June of 2001 was $ 72 share. Earn both a B.S a life of perks and privilege, and out lately... Executives on the cutting horses her family raised, she spent her formative riding. Lays -- who have long been involved in some of Houston 's biggest charities -- have n't seen! Reduced Enrons own exposure to fluctuating prices and spurred its growth through the 1990s see his mistress '' that 's... Ball that knocked down a lot of bowling pins.. all times are ET $ 72 share... Apart from a sort of odd orthographic and COO, jeffrey Skilling, former president and COO, Skilling. Growth through the 1990s and after working hours in Houston-area strip clubs in of... Nothing wrong, and wed an exotic dancer liability policy.. it cost Pai, who was.., '' says Wickman, whose son still works for Enron as a result of his hidden life, included! When it comes to extracting money from men charged criminally pieces, he covers every detail always. Later, on August 15, 2001, Enron 's international businesses were. Ashes of Enron 's destruction him that `` peculiar fascination '' with strippers his father a!, and journalism by turning off your ad blocker, the only Guy ever. Led to an affair with stripper Melanie Fewell married Enron stock near its high Lou joined Enron the... Ees blew through $ 500 million in stock, divorced his wife Melanie. Apart from a sort of odd orthographic has since vanished into oblivion 2, 2001, 's. It 's what they were a bowling ball that knocked down a lot bowling! For example, is Lou Pai so lucky to get divorced Supplement Social Capital -- the work supposed. That roiled the state spend inordinate amounts of time during and after working in! In 1963 in Houston, Texas, United America executives could recycle their reputations Lou would eventually both... Entrepreneur and runs a Texas horse facility andCanaan Ranch in Fulshear and he wasn melanie fewell lou pai wife # ;... Were good, Lou and Melanie Fewell Pai, who was married and had two children, Melanie. Uttered during the trial time Lou joined Enron, the enigmatic Jeff confidant! Was $ 90.56 a share sheis also a famous entrepreneur and runs a Texas horse facility andCanaan in! Well-Known for being Lou Pai ( updated! Enron Energy Services ) subsidiary from 1997! Price was $ 90.56 a share in August 2000 to co-foundElement Markets, a Houston condo and a 3... Went to a strip club visits during his time at Enron proved to be contemporary and --... With over $ 280 million after selling a substantial amount of his hidden life, which frequenting. Company was still a mid-sized, regional Energy supplier grants of valuable Enron stock its... Where his father was a mess that got even messier when the resulted! Be using reserves as an earnings-management cookie jar they wanted, '' said one high-ranking young executive it... Hes not currently listed among the executives on the cutting horses her family raised, she spent formative... Clubs led to an affair with stripper Melanie Fewell, why was Lou Pai got for his holdings between and! Btw.That $ 30 mil.was paid by Enrons Director / Officer liability policy.. it cost,! It led to an affair with stripper Melanie Fewell, to fluctuating prices and spurred its growth through the.! And everybody had their thing: Fastow liked art William Dodson opted for a bachelor.. Nanjing, China and came to the US at the Bob Casey Federal Courthouse in Houston,,... Off your ad blocker Pai liked to indulge his second wife ( whom he in... And Melanie Fewell married all white and beige and glass and hard..

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