After Enron disintegrated in 2001 amidst brazen balance sheet chicanery, high-level heads rolled. Former CEO Jeff Skilling went to jail. Ken Lay, another Enron chief, was found guilty of fraud but died before sentencing.
Later in the decade, other unscrupulous executives ended up behind bars, among them former WorldCom CEO Bernie Ebbers and former Tyco CEO Dennis Kozlowski.
These convictions were part of a difficult process of restoring a shattered public confidence in the American economic...Full Story