Wasn't there a fraternity (in 90210?) called Kappa Epsilon Gamma? (KEG)
This isn't so much funny, as really awful
My campus has a 3-story centrally located lobby, where sororities would hang drop-posters congratulating their new members or new sisters (and other groups would hang ads for events, etc). Some vicious group got together one day and hung a drop-poster reading "Sigma Tau Delta congratulates our new members" with a list of STD's altered slightly to look more like girls' names ("syphilisa" etc).
The drop-poster did not last long.