EPIC FAIL: Enron Scandal

In the year 2001, the energy company Enron, once considered one of the world's leading energy traders, went belly-up in the most epic fail ever. Their accounting was more like accounting...not.

Here's a brief rundown:

The Rise and Fall of a Gilded Empire

Enron, founded by a group of visionaries, including Kenneth Lay and Jeff Skilling, was meant to be the next big thing. But it all came crashing down when it was discovered that they were cooking the books, literally.

The company's executives were so caught up in their own hype that they forgot that, hey, you can't just make up numbers and call it 'creative accounting.'

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See, also, WorldCom: Another Epic Fail Story California's Energy Woes Enron's Sisters: A Tale of Other Energy Companies That Fumbled

Stay tuned for more epic failures, and remember: never, never, never cook the books.

Disclaimer: Enron's actual executives are not, in fact, evil geniuses. They just got caught.