Business practices came under fire when America's seventh largest firm Enron collapsed due to unethical accounting strategies. This case triggered a series of unwelcome events where one after the other, large organizations in the US collapsed or run for bankruptcy cover with one case even implicated the infamous Martha Stewart for insider trading. The various deceitful activities of some larger companies resulted in widespread public mistrust of business practices and values. Companies as big as Adelphia, ENRON, Global Crossing, Kmart, Qwest communications, WorldCom and Xerox are all under thorough investigation by one of the few reliable authorities, Securities and Exchange Commission (Royal Bank of Scotland). All the aforementioned names were business of international repute that were charged with the unethical act of projecting inflated profits to trick stakeholders and earn higher profits and generate greater revenue from expensive stocks (Royal Bank of Scotland). WorldCom ran for insolvency in July 2002, making it one of the biggest bankruptcies of all times (Royal Bank of Scotland). Both World Com and ENRON hugely overstated their profits and hence committed the major crime of misleading stockholders. "World Com Inc., the US No. 2 long distance Company fraudulently overstated profits by nearly 7 billion dollars in last few years. Analysts, brokers and accountants moved like herds to promote their stock" (Royal Bank of Scotland). Enron was another major setback to the industry and economy when its unethical accounting practices resulted in a huge financial crunch. The accounts of the company showed that Enron's revenues in 2000 were over $100 billion. Enron was growing rapidly as it was selected by Fortune magazine as one of those companies whose stocks were most likely to last the entire first decade of the 21st century. Enron was performing well in all its three business namely energy, wholesale and global services.