Outlook has failing to open and gives this message;
Microsoft Outlook cannot be opened because of a problem
Check with the developer to make sure Microsoft Outlook works with this version of Mac OS X. You may need to reinstall the application. Be sure to install any available updates for the application and Mac OS X.

Reports as follows;
Process:         Microsoft Outlook [18639]
Path:            /Applications/Microsoft Outlook.app/Contents/MacOS/Microsoft Outlook
Identifier:      com.microsoft.Outlook
Version:         ??? (???)
Build Info:      Unknown-110805~0
Code Type:       X86 (Native)
Parent Process:  launchd [241]

Date/Time:       2012-10-27 10:06:58.999 -0700
OS Version:      Mac OS X 10.6.8 (10K549)
Report Version:  6

Interval Since Last Report:          90968 sec
Crashes Since Last Report:           15
Per-App Crashes Since Last Report:   14
Anonymous UUID:                      493447ED-2402-43F7-8B5B-8A3760F0B14D

Exception Type:  EXC_BREAKPOINT (SIGTRAP)
Exception Codes: 0x0000000000000002, 0x0000000000000000
Crashed Thread:  0

Dyld Error Message:
  Library not loaded: @rpath/mbukernel.framework/Versions/14/mbukernel
  Referenced from: /Applications/Microsoft Outlook.app/Contents/MacOS/Microsoft Outlook
  Reason: image not found

Binary Images:
0x8fe00000 - 0x8fe4163b  dyld 132.1 (???) <4CDE4F04-0DD6-224E-ACE5-3C06E169A801> /usr/lib/dyld

Model: iMac11,3, BootROM IM112.0057.B00, 4 processors, Intel Core i5, 2.8 GHz, 8 GB, SMC 1.59f2
Graphics: ATI Radeon HD 5750, ATI Radeon HD 5750, PCIe, 1024 MB
Memory Module: global_name
AirPort: spairport_wireless_card_type_airport_extreme (0x168C, 0x8F), Atheros 9280: 2.1.14.6
Bluetooth: Version 2.4.5f3, 2 service, 19 devices, 1 incoming serial ports
Network Service: AirPort, AirPort, en1
Serial ATA Device: OPTIARC DVD RW AD-5680H
Serial ATA Device: APPLE SSD TS256B, 233.76 GB
USB Device: Hub, 0x0424  (SMSC), 0x2514, 0xfa100000 / 2
USB Device: USB Receiver, 0x046d  (Logitech Inc.), 0xc51a, 0xfa140000 / 6
USB Device: USB Receiver, 0x046d  (Logitech Inc.), 0xc517, 0xfa130000 / 5
USB Device: Internal Memory Card Reader, 0x05ac  (Apple Inc.), 0x8403, 0xfa120000 / 4
USB Device: BRCM2046 Hub, 0x0a5c  (Broadcom Corp.), 0x4500, 0xfa110000 / 3
USB Device: Bluetooth USB Host Controller, 0x05ac  (Apple Inc.), 0x8215, 0xfa111000 / 7
USB Device: Hub, 0x0424  (SMSC), 0x2514, 0xfd100000 / 2
USB Device: USB 2.0 Hub [MTT], 0x050d  (Belkin Corporation), 0x0237, 0xfd140000 / 5
USB Device: Composite Device, 0x04f9  (Brother International Corporation), 0x029a, 0xfd142000 / 8
USB Device: Multumedia Reader&Writer, 0x050d  (Belkin Corporation), 0x0250, 0xfd146000 / 7
USB Device: Logitech Wireless Headset, 0x046d  (Logitech Inc.), 0x0a29, 0xfd141000 / 6
USB Device: Built-in iSight, 0x05ac  (Apple Inc.), 0x8502, 0xfd110000 / 4
USB Device: IR Receiver, 0x05ac  (Apple Inc.), 0x8242, 0xfd120000 / 3
FireWire Device: d2 quadra (button), LaCie, Up to 800 Mb/sec