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Enron: 21,000 Arthur Anderson: 29,000 Retirement: $1.2 Billion Pensions: $2 Billion

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. http://popcornreel.com/notebaxter.jpg. http://www.apfn.org/enron/baxter2-1-02.jpg.

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Enron: 21,000 Arthur Anderson: 29,000 Retirement: $1.2 Billion Pensions: $2 Billion

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  1. 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

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

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

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

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

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

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

  8. 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

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

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

  11. 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

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