Shocking CEO downfalls
POSTED: 10:16 AM PST Mar 01, 2013
UPDATED: 10:21 AM PST Mar 01, 2013
Groupon head Andrew Mason is the latest CEO to make a shocking departure.
Kenneth Lay (pictured) and Jeffrey Skilling (Enron) -- Both men served at times as CEO of energy giant Enron, which imploded in the early 2000s after it became the largest U.S. company to file for bankruptcy. Skilling resigned as CEO shortly before the breaking point and cashed out $60 million in stock. Both men were later tried together and convicted in May 2006 on fraud and conspiracy charges.
