How out of touch with regular people is super-rich Treasury Secretary Paul O’Neill? According to O’Neill, Enron’s collapse is “part of the genius of capitalism.” Some companies succeed, some companies fail, some companies defraud their employees and shareholders and leave them in financial ruin. Some companies dole out the dollars to everyone who’s willing to take a buck in order to create a favorable regulatory environment so that they can inflate their stock prices. Some public accounting firms fight tooth and nail to fight regulations that would eliminate giant conflicts of interests like taking massive consulting fees from the same companies that you audit. For rich guys like him who can retire on their cash hoard regardless of what happens, it’s all in good fun.