Unless we get some kind of verified human authentication it's nearly impossible to solve. And that in itself introduces all kinds of new problems.
Welcome to the dead internet.
2002, Arthur Andersen gets indicted for deliberately aiding Enron in cooking the books. 2003, Bush DoJ's attorney general binds prosecutors to effectively always settle corporate cases without convictions. So nowadays you have companies like Boeing murdering 300+ without real consequences. It's a real shame.
The difference here is that they defrauded the investor class.
Too nice of a way to talk about the Epstein class.
Well, not one guy. Lou Pai cheated on his wife with stripper Melanie Fewell who was also married. He was known in the Enron offices to enjoy Houston area strip clubs. But in a first for him, he knocked Melanie up over the course of the affair. Pai's first wife and mother of his first two children Lana Lee learned about it and started divorce proceedings. To satisfy asset division as part of their divorce terms, Pai sold $250M worth of Enron stock just months before it crashed and Enron went bankrupt. Pai then married Fewell. Pai was briefly the largest(? maybe top two?) private land owners in Colorado, and his ranchland included Culebra Peak, one of CO's 14ers.
In 2008 he settled a civil suit alleging insider trading brought by the SEC. The settlement was $31.5 and does not include an admission of the SEC's claims. He was barred from serving as an officer or director of a public company for 5 years.
Lou landed on his feet. He and Melanie are still married. They and their daughter seem to be big figures in dressage, running Canaan Ranch and the Bred in the USA Syndicate, which seems to be a syndicate of 14 breeders. Maybe someone who knows horses can explain exactly how big a deal they are; they might not be much after all.
https://www.usef.org/us-equestrian-teams/athletes/natalie_pa...
jreynar•4h ago
Enron's mail is an obvious test because it's public, so anyone can check the pages against the messages and the history. We used 45,047 emails from eight mailboxes. Every fact quotes the sentence it came from, and a fact expires on the date the mail shows it stopped being true.
The hardest part was that the model already knows Enron. It kept adding details from the public record that the email didn't contain. The methodology page shows how we caught those, what it still gets wrong and what it cost: about $11,000 at list prices (though we used a subscription), with no attempt to bring that down.
Happy to answer questions.
radlad•29m ago
number6•15m ago