A few days after Enron filed paperwork admitting it had fudged financial statements for five years, then-Fed Chairman Alan Greenspan accepted the Enron Award for Distinguished Public Service.
That said, Greenspan gets some credit for turning down a $10,000 honorarium and a $15,000 sculpture funded by Enron. Still, the Fed chair formerly known as the Maestro might have thought twice about associating himself with Kenneth Lay and Company.
Some CEOs and founders agree to salaries of just $1 a year. But once goodies like bonuses and stock options are added in, some of those executives end up taking home many millions of dollars a year. More