Question

Which company declared bankruptcy in 2001 despite winning the title of America's most innovative company annually from 1996 to 2001?

Answer 1

Enron
At the time of its fall Enron was a major electricity, natural gas, communications and pulp and paper company. At the end of 2001, it became obvious that Enron's reported financial condition was due to systemic and planned accounting fraud, and its share price dived to near zero.