Contrary to American mythology, the brand name, Spam is not an acronym for "Scientifically Processed Animal Matter" or "Shoulder of Pork and Ham." In 1937, Hormel, the company that makes Spam, sponsored a naming contest for the new product. Kenneth Daigneau, a New York actor, who was also the brother of a Hormel VP, won $100 for coming up with "Spam." Stories vary on whether Daigneau created the name as a blending of "spiced ham" or if he conceived the name before the product was even created. Nonetheless, Hormel executives loved it, and the rest is history. Do you eat Spam?