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It became even more popular towards the end of 2001 when Enron revealed that it was sustained mostly by institutionalized, systematic, and well-planned accounting fraud. In addition, its European operations filed for bankruptcy on November 30, 2001, and its sought Chapter 11 protection in the U.S. two-days later, on December 2nd. It still exists, operating a handful of key assets and making preparations for the sale or spin off of remaining businesses. Enron emerged from bankruptcy in November of 2004 after one of the biggest and most complex cases in U.S. history. It has since entered the common conscious as a symbol of willful corporate fraud and corruption...
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