2. Enron: 21,000 Arthur Anderson: 29,000 Retirement: $1.2 Billion Pensions: $2 Billion http://media3.washingtonpost.com/wp-srv/photo/gallery/091224/GAL-09Dec24- 3428/media/PHO-09Dec24-195540.jpg

3. http://popcornreel.com/notebaxter.jpg

4. http://www.apfn.org/enron/baxter2-1-02.jpg

5. http://farm4.static.flickr.com/3081/2339748248_993ca4d166_o.gif

6. Ken Lay Founder Humble Roots “Kenny Boy” Valhalla Scandal http://www.soxfirst.com/wp-content/uploads/enron1.jpg

8. Lou Pai CEO Energy Services and Xcelerator Exotic Interest Huge Losses http://www.sfgate.com/examiner/pictures/1997/09/10/enronenergypailou.jpg

10. Andrew Fastow CFO Special Purpose Entities Merrill Lynch Fraud JEDI and Chewco http://caraellison.files.wordpress.com/2009/05/andyfastow2.jpg?w=538

12. Jeff Skilling President Extreme Behavior Mark-to-Market Arthur Anderson Performance Review Committee “Enron Illusion” Resign and Decline http://ww2.hdnux.com/photos/04/32/57/1158093/3/628x471.jpg

13. http://upload.wikimedia.org/wikipedia/en/thumb/e/ed/Bart_Simpson.svg/200px-Bart_Simpson.svg.png

14. Corporate Governance Tone at the Top Culture Code of Conduct Performance Review Committee “Hubris and greed instead of goals and aspirations…”

15. Litigation Fastow sentenced to reduced term of 10 years Lou Pai got away with $250 million Jeffrey Skilling was sentenced to 24 years in prison Ken Lay died awaiting sentencing died in 2006