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    Based in Houston, TX
    Former energy conglomerate
    Filed for Chapter 11 bankruptcy in late 2001
    Chairman was Kenneth Lay
    Chief Executive Officer was Jeffrey Skilling
    They went bankrupt thanks to shady accounting practices in which Lay, Skilling and other higher-ups in the company authorized the company's accounting firm to hide approximately $600 million dollars in debt and inflate profits.
    Enron stock went from $90 on the NYSE to nothing in a matter of months.
    Thousands of Enron employees lost their jobs and millions of shareholders lost money thanks to the executive board's greed.
    Several former Enron employees are now being sued in a separate case for fraud in the state of California, in which they allegedly manipulated the price of electricity during the California energy crisis.
    The Bush Administration had been in contact with 14 Enron executives, leading some to believe they were involved in helping Enron avoid bankruptcy for so long.
    They had to rename the Houston Astros' park from Enron Field to Minute Maid Park after the company's collapse.
    At one point, they were the top energy trading company in America with profits totalling approximately $101 million in 2000.
    Lay, Skilling and many other Enron executives will probably be facing jail time.
    Many of the women let go by Enron posed nude in Playboy in a special 'Women of Enron issue.'
    Their company provided valuable services in the field of energy distribution for years.

Credit: Blair

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