Ken Lay went to prison
Arthur Anderson? They ceased to exist.
Your forgot WorldCom
Not sure what Fannie Mae did.
Ken Lay died on vacation before his sentencing. EDIT: Jeffrey Skilling only served 12 years.
Arthur Andersen convictions, despite losing their clients, were reversed. They still exist today under a different name.
Fannie and Freddie didn't cause anything per-se but took advantage of their to-big-to-fail approach and like the late Silicon Bank, didn't have enough capital to cover their loan portfolio by the time of their collapse. However, I'm no financial expert so I don't know too much about this in details from a financial side.
I just read about WorldCom, the CEO only got 25 years, served 16, and Arthur Andersen was involved :/
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