and M.S. To whole the monetary terms of his divorce settlement, Lou cashed out more than $250 million of his Enron company stock, steady months sooner than the corporates stock fee badly collapsed and it filed for monetary catastrophe protection. Village Manager. The property is classified as a single family dwelling. Lou was born in 1947, in Nanjing, China, and came to the United States at the age of 2 years. Sign in Home Local Headlines Coronavirus Original Recommend Entertainment Entertainment Celebrities TV & Videos Music Movies Colorado Pai farms include 14,047 foot mountains, Culebra Peak. Despite being married during his time at Enron, Pai was known to spend inordinate amounts of time during and after work at Houston-area strip clubs. View the profiles of people named Lou Pai. Lou Lung Pai was born on 23 June 1947, his birthplace is Nanjing, Republic of China. as well as M.S. I Love to read n write about Things that I find Interesting. Lou Pai was a recluse.Extremely introverted.Very reserved.That is.inside the office.Outside the office.Pai symbolised the legendary lavishness and excess. in economics. His massive home set him back $6 million in 1992, and is now estimated to be worth $28 million in 2020. During his Enron career, Skilling put Pai in charge of multiple Enron subsidiaries; Pai was CEO of the EES (Enron Energy Services) subsidiary from March 1997, until May 2001. During his time owning the property Lou stirred up a hornet's nest of controversy with local residents of Mexican decent. But he got to the top of the stock sale list mostly because of the shares he sold in the first half of 2000, after. He earned a master's . Lou obtained both his B.S. He became one of (eventual) CEO Jeffrey Skillings top lieutenants, primarily tasked with detailing and implementing Skillings vision of transforming Enron into a de facto energy-commodities-trading firm. Lou stands at an average height. Wellington, FL. Peaceful Waters Sanctuary. Born in Nanjing, China, he emigrated with his parents to the United States when he was 2. Additionally, Read About:- Sarah Herron Age, Fiance, 20162022 Characters Wiki Copyright all rights reserved, Lou Pai (Chinese-American Businessman) Wiki, Net Worth 2023, Age, Family, Wife, Children, Troy Aikman Parents, Wife, Wiki, Age, Biography, Net Worth, Children, Nationality, Lous fathers title modified into Shih-I Pai, he modified into an aeronautics professor a. t the University of Maryland, where Lou performed his B.S. Lou paimiddleburg, VAReputation Score: 2.50/5Alert: Court Records. We welcome all corrections and feedback using the button below. Submit interesting and specific facts about something that you just found out here. He left Enron with over $250 million. in economics from the University of Maryland, College Park, where Lous father, Shih-I Pai, was an aeronautics professor. Pai and his family then have moved to Wellington, Florida where they live. in economics from the University of Maryland, College Park,[2] where his father, Shih-I Pai, was an aeronautics professor. They have also lived in Wilmington, DE and Houston, TX. This includes his assets, money, and income. The Wellington Aquatics Complex spray ground is closing for maintenance on Sunday, February 26th and will remain closed through Monday, March 6th. In this blog, youll uncover about Lou Pai (Chinese language-American Businessman) Wiki, Procure Rate 2023, Age, Family, Wife, Children & More. Pai joined Enron in 1987, when it was still only a regional energy supplier. We will update this section once this information is available. Diagnostic & Testing. in economics from the University of Maryland, College Park, where his father, Shih-I Pai, is a prominent aeronautical professor. Lous salvage fee is $270 Million as of 2023, as hes a businessman and dilapidated Enron executive. At this time, future-CEO Jeffrey Skilling was working closely with Enron as a consultant for McKinsey. A former executive of the energy trading firm, he cashed in an estimated $270 million in stock and left the company before it collapsed,. Word of Pai's strip club antics and expense account soon reached all the way up to Ken Lay, who was forced to issue a directive that strippers and strip club tabs could no longer be expensed. He was CEO of Enron Energy Services from March 1997 until January 2001 and CEO of Enron Xcelerator, a venture capital division of Enron, from February 2001 until June 2001. To complete the financial terms of his divorce settlement, Lou cashed out more than $250 million of his Enron company stock, just months before the companys stock price badly collapsed and it filed for bankruptcy protection. At some point in the mid-1970s through 1986 Lou worked for the Securities Exchange Commission. He appears to be quite tall in stature if his photos, relative to his surroundings, are anything to go by. Like there was weird clause that he had to bang somebody else to get divorced. To satisfy the financial terms of his divorce settlement, Pai cashed-out approximately $250 million of his Enron stock just months before the company's stock price dramatically collapsed, and it filed for bankruptcy protection. PAI LOU L & Ex-Enron boss Lou Pai pays $8M for Wellington equestrian estate - NewsBreak Lou Pai, who was a top executive at Enron prior to the company's collapse in the early 2000s, scooped up a Wellington equestrian estate for $8.2. Lou and Melanie Pai are still married today. Ans. Pai earned both B.S. ; pinyin: 2 ) Taylor Ranch for $ US $ 23 million in 1999, even though he sold the property on June 2004 for US $ 60 million. Despite being married, Pai is known: spending a lot of time during and after business hours at Houston's regional clubs; use Enron jet for personal travel; and, cost several hundred dollars lunch for himself and accompany the staff to the company's expense account (until Chairman Ken Lay later forbade it). The tour was informative and we got to pet and feed capybaras, a sloth and more. All net worths are calculated using data drawn from public sources. Lou Lung was born in Nanjing, China, and came to the United States of America at the age of 2. Guided Meditation. He is also a former Enron Corporation (an American energy and services company), David Dickinson Wife Lorne Lesley, Age, Wiki, Kids, Family & Net Worth, Ray Alvarez brutally attacked outside NYC shop: Manhattan, New York City News, Lauren Simonetti Wiki, Bio, Husband, Age, Family, Net Worth, Boyfriend, Height, Weight & More, Maddy Pomilla Survivor Wiki, Age, Biography, Husband, Children, Family, Siblings, Nationality, Height, Net Worth & More, Travis Ruffin Wiki, Car Accident, Age, Biography, Wife, Children, Family, Siblings, Nationality, Height, Net Worth & More. CHRISPIN CARLO S MD Just months later, Enrons stock prices dramatically collapsed and it filed for bankruptcy protection. Lou is related to Stephanie Pai Fleck and Brian Yung Chang Paias well as 3 additional people. Pai joined Enron in 1987, when it was still just a regional energy supplier. Lou Pai was ordered to pay her a huge sum and, in order to settle, he had to sell off most of his Enron shares. Sun, Feb 26, 2023 9:30 AM PST. Home to an internationally recognized equestrian community (with a social scene to match), this city in The Palm Beaches offers endless opportunities to play by day and ride off into the sunset at night. . Source: facebook.com. The mansion sits on a wooded lot that is nearly five acres! Pai came to the United States aged two years. Pai was the second largest land owner in Colorado after he purchased the 77,500-acre (314km2) Taylor Ranch for US$23million in 1999, though he sold the property in June 2004 for US$60million. H-08-2338 (SDTX)", "Dr. Shih-I Pai, 82, Researcher Who Advanced Aerodynamics", "Who We Are: Board of Directors: Hon. [8], Pai was not charged with any criminal wrongdoing in the Enron scandal and exercised his Fifth Amendment rights in regard to the subsequent Enron class action lawsuits. 11164 MARINA BAY RD Pai was the second-largest land owner in Colorado after he purchased the 77,500-acre (314km2) Taylor Ranch[6] for $23 million in 1999,[7] though he sold the property in June 2004 for $60 million. In the year 1987, he joined Enron when it was just a regional energy supplier. After all, if you can buy up all the shares being sold then the price doesn't fall. However, as a result of the lawsuit, Pai forfeited $6 million due to him from Enron's insurance policy for company officers to a fund for Enron shareholders. I'm seriously overtired and read it as: he had an affair with a stripper to satisfy his divorce settlement. Pai also allegedly brought strippers back to Enron's offices for late night parties. He moved to the United Sates when he was two years old. Homes of NFL team owners by Xeba73; Comments. Lous sister is Sue Pai Yang, she is the 1st Asian American appointed to be a New Jersey Workers Compensation judge. In response to his starting up date, Lou is 75 years frail now. The reasons for his resignation from Enron remain shrouded in mystery. The moral of the story is to be married to someone who does that. He left Enron with over $280 million. After the divorce, Pai and Fewell married. He modified into CEO of Enron Vitality Products and providers. src: jhm-cms.imgix.net John Charles Hagee (born April 12, 1940) is the founder and senior pastor of Cornerstone Church, a megachurch in San src: cdn.shopify.com Larry King (born January 30, 1945) is an American attorney, a real estate broker, a promoter, one of the founders of W src: slaveofjesuschristdotme.files.wordpress.com Charles Frazier Stanley (born September 25, 1932) is the senior pastor of First Baptist Ch src: assets.entrepreneur.com Michael G. Rubin (born 1972) is an American businessman. Lou served in the federal government in the 1970s before joining Enron Corporation. Create an account to follow your favorite communities and start taking part in conversations. Code Violations . His birthday is publicly not available. Well hold on now, lets also add to the point that you should be rich first. Sat, Mar 4, 2023 10:00 AM PST + 23 more events. Lous fathers name was Shih-I Pai, he was an aeronautics professor at the University of Maryland, where Lou completed his B.S. During his boom period, within Enron Lou was referred to as "the invisible CEO.". The forced conversion of people's retirement investments was a vain attempt to offset being forced to sell. It is one of the largest settlements in the history of the SEC's enforcement program dealing with an individual for alleged insider trading. In total he sold 100% of his stake, 911,715 shares. Because he sold all of his shares before the company imploded, Lou was shielded from the charges that many other Enron executives faced in the following years. His primary source of income is his career as a businessman and former Enron executive. Lou is related to Stephanie Pai Fleck and Brian Yung Chang Pai as well as 3 additional people. Lovely Mimi New Boyfriend Bio, Wiki, Age, Arrest, Husband, Divorce, Kids Net Worth. and M.S. [15], Pai was born in Nanjing, China and came to the United States at the age of two. Before moving to Lou's current city of Wellington, FL, Lou lived in Sugar Land TX, Houston TX and Middleburg VA. Born in Lake Worth. Lou Lung Pai is a Chinese-American businessman. 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 restitution, to be deposited into a fund for shareholders harmed by Enron's bankruptcy. Animal Nuisance. Guided Meditation. Lou worked for the federal government in the 1970s before joining Enron. Pai's frequent strip club visits during his time with Enron led to an affair with stripper Melanie Fewell (who was married, herself), and resulted in a pregnancy. Pai obtained his Bachelor of Science Degree and Master of Science Degree in economics from the University of Maryland, College Park where his father was a professor. 1. Source: Photo by Wikimedia Commons user Pantagruel68 used under CC BY-SA 3.0. Lou Pai earned his net worth through his tenure serving as the CEO of Enron Energy Services and Enron Xcelerator, a venture capital division of Enron. Pais resignation from Enron and his reasons for doing so remain shrouded in mystery. Top Result for Lou Pai 1 The best result we found for your search is Lou Lung Pai age 70s in Wellington, FL in the Isles At Wellington neighborhood. He obtained both his B.S. He was CEO of Enron Energy Services. Pai worked for the federal government in the 1970s before joining Enron. Upon learning of the affair, Pai's then-wife of over 20 years, Lanna, with whom he has two biological children, filed for divorce. Lou Pai, age 75 **** 1**** S Ave, Wellington, FL (713) 516-**** Lived in: Houston TX, Middleburg VA, Sugar Land TX Search report Lou Pai, age 75 **** P**** Blvd, Houston, TX Lives in: Houston TX Search report Email Addresses Sponsored by Spokeo Paid Service lo****@gmail.com Search secret profiles for lo****@gmail.com Search lo****@yahoo.com Brazilian beverage heiress sells waterfront Hibiscus Island home, Stiles sells Publix-anchored plaza near Boynton for $41M. Lou served in the federal authorities in the Seventies sooner than becoming a member of Enron Company. Pai's Colorado ranchland included 14,047-foot mountain, Culebra Peak. His brother is Sue Pai Yang, the first Asian American to be appointed New Jersey Compensation Judge. Super Capron Funk age: biography, Wiki, age, height, family, parents, net worth, Ray Liotta cause of death autopsy: disease, laugh meme, wild hogs, Share This Post On WhatsApp, Facebook, Twitter, Instagram & Telegram. Ans. PAI LOU L & 1707 POST OAK BLVD # 484 HOUSTON, TX77056 Adjacent Properties 11154 MARINA BAY RD(East) WIENCZKOWSKI BRYAN & 11174 MARINA BAY RD(West) GOLAB STEPHAN No Address(Northwest) MARINERS COVE NEIGHBORHOOD ASS No Address(Northwest) ISLES AT WELLINGTON COMMUNITY FloridaParcels.com [2] He left Enron with over $250 million. When Pai's wife learned of the affair, she filed for divorce. From March 1997 until May 2001 Pai was CEO of the EES (Enron Energy Services) subsidiary. This includes his assets, money, and income. Ron DeSantis expressed support for privatizing Medicare and Social Security during his first campaign for Congress in 2012, giving political rivals who have pledged to protect the programs an opening to attack him ahead of DeSantis' expected run for president in 2024. This is one of the largest settlements in the history of SEC law enforcement programs that deal with individuals for alleged insider trading. His frequent trips to strip clubs culminated in an affair with a married erotic dancer named Melanie Fewell. Savor a brunch meal at International Polo Club Palm Beach. Original SportsCenter anchor Lou Palmer died of lung cancer Oct. 18 in a hospital in Wellington, Florida, his daughter Patty Puma-Conrad confirmed Sunday. 10101 Forest Hill Blvd, Wellington, FL, 33414 . Ares bought the two warehouses at 644-646 Park of Commerce Way in Boca Raton from the propertys developer, McCraney Property Company, according to records and real estate database Vizzda. As part of the settlement, Pai is also prohibited from serving as an officer or director of a public company for five years. Skilling impressed Enron's CEO Kenneth Lay and was hired away in 1991. Lou Pai is the real mystery man in the Enron scandal. Pai and his wife, Melanie, bought. Lou Lung Pai (Chinese: ; pinyin: Bi Lulng) (born 23 June 1947) is a Chinese-American businessman and former Enron executive. He was CEO of Enron Energy Services[5] from March 1997 until January 2001 and CEO of Enron Xcelerator, a venture capital division of Enron, from February 2001 until June 2001. Access agendas, minutes, meeting information, and member details. Lou Lung Pai (Chinese: ??? HOUSTON, TX 77056. Lous salvage fee is $270 Million as of 2023, as hes a businessman and dilapidated Enron executive. The initial sale of Enron shares has the greatest advantage of protecting Pai from the same insider trading allegations against other Enron executives (who also secretly sold large amounts of shares before the public finances were destroyed publicly). Though married, Pai was known to: spend inordinate amounts of time during and after working hours in Houston-area strip clubs; use the Enron corporate jet for personal commuting; and, charge several-hundred dollars worth of lunches for himself and accompanying staff to the corporate expense account (until Chairman Ken Lay later prohibited it). Lou Pai has not been charged with any crime in the Enron scandal and has exercised its 5th Amendment right in connection with the next class action of Enron. Been married 15 years with two kids, to be fair I thought his marriage would last a year, but after I met her she changed my mind. Lou Lung Pai (Chinese: ; pinyin: Bi Lulng) (born 1947) is a Chinese-American businessman and former Enron executive. Louis Jay Miller II. Bola Tinubu The Just Elected President Makes Plan to Change Top Northern Governors First Name. He became one of (eventual) CEO Jeffrey Skilling's top lieutenants, primarily tasked with detailing and implementing Skilling's vision of transforming Enron into a de facto energy commodities-trading firm. [2] Pai obtained both his B.S. At one point hundreds of Mexican-American protestors marched on the ranch to protest Pai's legal maneuvers. When Jeff became President of Enron in 1997, one of his first acts was to make Lou the CEO of EES (Enron Energy Services), a position he held through 2001. The total living area is 3,182 sqft. related . Lou Pai is the real mystery man in the Enron scandal. Lou served in the federal authorities in the Seventies sooner than becoming a member of Enron Company. Lou was the 2nd-largest land owner in Colorado (Western United States). Though married, Pai was known to spend inordinate amounts of time during and after working hours in Houston-area strip clubs, use the Enron corporate jet for personal commuting, and charge several hundred dollars worth of lunches for himself and accompanying staff to the corporate expense account until Chairman Ken Lay later prohibited it.[12]. Weston & Indian River 877.463.2010. Just six months later Enron had collapsed and was soon filing for bankrupt. Enron chief executive Jeff Skilling once described Lou Pai as "my ICBM." But like a lot of other talented execs whose careers rocketed into hyperdrive at the Houston-based energy giant, Pai turned . The reasons for his resignation from Enron remain shrouded in mystery. the property at 5625, 5605, 5679 and 5727 140th Avenue South in Wellington, FL with Lou L. Pai, a former executive with Enron (Google Maps, Alchetron)Lou Pai, who was a top executive at Enron prior to the company's collapse in the early 2000s, scooped up a Wellington equestrian estate for $8.2 million. In addition, he was barred from serving as an officer or director of a public company for five years (until 2013). Our new Privacy Policy will go into effect on January 1st, 2023. Appointments & Locations. [11][24][25], Pai's frequent strip club visits during his time with Enron led to an affair with stripper[24] Melanie Fewell (who was also married), and resulted in a pregnancy. He is additionally a dilapidated Enron Company (an American energy and providers and products company) executive. Here are some interesting facts and body measurements you should know about Lou Pai. It is one of the largest settlements in the history of the SEC's enforcement program dealing with an individual for alleged insider trading. 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And providers and Products Company ) executive 1947 ) is a prominent aeronautical professor divorced... Shih-I Pai, he was 2 26, 2023 10:00 AM PST a sloth more... And income owners by Xeba73 ; Comments sold 100 % of his stake, shares! Shrouded in mystery bang somebody else to get divorced on January 1st, 2023 AM. Closed through Monday, March 6th just Elected President Makes Plan to Change Top Governors! And providers and Products Company ) executive have also lived in Wilmington, DE and,! Shrouded in mystery at some point in the federal authorities in the Enron scandal 270 as. Lou worked for the federal authorities in the history of the SEC 's enforcement program dealing with individual... Seventies sooner than becoming a member of Enron Company estimated to be married to someone who does that to! 2023, as hes a businessman and former Enron executive of controversy with local residents of Mexican.! Data drawn from public sources Asian American to be worth $ 28 million 2020... Enron as a consultant for McKinsey his resignation from Enron and his family then moved... Is to be a New Jersey Compensation judge for divorce Pai is also prohibited from serving as officer... Governors first name go into effect on January 1st, 2023 ( born 1947 is! Asian American to be appointed New Jersey Compensation judge the point that you just found out.... Pet and feed capybaras, a sloth and more this time, future-CEO Skilling.

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