No Club Fed for Enron's Andrew Fastow
Former Enron CFA Andrew Fastow, sentenced to six years for his part in the Enron scandal, got some bad news this week. Although the judge recommended he serve his sentence in Bastrop, TX, which has both a low security prison and a minimum security prison camp, the Bureau of Prisons designated him to Oakdale, a low security facility in Louisiana.
In other words, no Club Fed near home for Fastow.
Fastow and his wife had interesting deals. Because Fastow cooperated with the Government, he not only got a reduced sentence, but got to stay out of jail while his wife, Lea Fastow, served her year sentence, so their young children would not be without both parents at the same time.
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