Re: Special Report: Was a Houston energy trader a one-woma...

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In a message dated 11/15/2010 11:55:32 P.M. Eastern Standard Time, no_reply writes:

Special Report: Was a Houston energy trader a one-woman Enron?

She got away with it for the same reason Enron got away with it: she seemed to be making money for greedy investors. Enron was a little different in that many investors either didn't have the skill to investigate Enron themselves or they are part of an institutional investment group like state retirement plans, etc. What is interesting is that the SEC didn't pay more attention to this and get involved sooner. Then again its not so surprising when the SEC was cut under Clinton, not really restored under Bush and cut more under Obama and is facing yet more cuts. White Collar Criminals are having a field day, and not just Goldman Sachs.