Judging by the properties of the image box, you need to include the ".jpg" file extension, making your link:

http://www.craigmorgan.com/client_images/craigmorgan/thumb_3204_32e9e5f62ed8e06041297d8bd27eda84.jpg

The html for the image link should be img src= (and then the link enclosed within quotes).  You can click on the "tree" in the wysiwyg editor and paste the link there.

I played with the border for effect.