I have tried repairing and creating a new identity and I think I created more than one new identity. I have tried updating my Office to the newest edition and now when I hold down Shift+Alt when opening Outlook, it gives me this code: 

Process:         Microsoft Outlook [281]
Path:            /Applications/Microsoft Outlook.app/Contents/MacOS/Microsoft Outlook
Identifier:      com.microsoft.Outlook
Version:         14.3.9 (14.3.9)
Build Info:      Unknown-131030~0
Code Type:       X86 (Native)
Parent Process:  launchd [228]

Date/Time:       2014-04-21 13:40:29.753 -0400
OS Version:      Mac OS X 10.7.5 (11G63b)
Report Version:  9

Interval Since Last Report:          1367380 sec
Crashes Since Last Report:           18
Per-App Interval Since Last Report:  2619258 sec
Per-App Crashes Since Last Report:   16
Anonymous UUID:                      39BAAD8A-308D-4D2B-A696-5AED277FDB2E

Crashed Thread:  0

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

Application Specific Information:
dyld: launch, loading dependent libraries

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:
   0x15000 -   0xa2aff7 +com.microsoft.Outlook (14.3.9 - 14.3.9) <24DE824F-690E-8AD9-AC34-9616C2BA4E27> /Applications/Microsoft Outlook.app/Contents/MacOS/Microsoft Outlook
0x8fe14000 - 0x8fe46aa7  dyld (195.6 - ???) <3A866A34-4CDD-35A4-B26E-F145B05F3644> /usr/lib/dyld

Model: iMac12,1, BootROM IM121.0047.B1E, 4 processors, Intel Core i5, 2.5 GHz, 4 GB, SMC 1.71f22
Graphics: AMD Radeon HD 6750M, AMD Radeon HD 6750M, PCIe, 512 MB
Memory Module: BANK 0/DIMM0, 2 GB, DDR3, 1333 MHz, 0x02FE, 0x45424A3230554638424353302D444A2D4620
Memory Module: BANK 1/DIMM0, 2 GB, DDR3, 1333 MHz, 0x02FE, 0x45424A3230554638424353302D444A2D4620
AirPort: spairport_wireless_card_type_airport_extreme (0x168C, 0x9A), Atheros 9380: 4.0.67.5-P2P
Bluetooth: Version 4.0.8f17, 2 service, 18 devices, 1 incoming serial ports
Network Service: Wi-Fi, AirPort, en1
Serial ATA Device: ST3500418AS, 500.11 GB
Serial ATA Device: OPTIARC DVD RW AD-5690H
USB Device: FaceTime HD Camera (Built-in), apple_vendor_id, 0x850b, 0xfa200000 / 3
USB Device: hub_device, 0x0424  (SMSC), 0x2514, 0xfa100000 / 2
USB Device: BRCM2046 Hub, 0x0a5c  (Broadcom Corp.), 0x4500, 0xfa110000 / 4
USB Device: Bluetooth USB Host Controller, apple_vendor_id, 0x8215, 0xfa111000 / 5
USB Device: hub_device, 0x0424  (SMSC), 0x2514, 0xfd100000 / 2
USB Device: Internal Memory Card Reader, apple_vendor_id, 0x8403, 0xfd110000 / 4
USB Device: IR Receiver, apple_vendor_id, 0x8242, 0xfd120000 / 3

Please help.