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The unofficially official nickname of the fraternity Sigma Phi Epsilon, who are known all around the country for taking in anyone and everyone they can. They just like to brag about how they are largest as they take all the douches on campus. They also are famous for giving bids to those losers who get rejected by other fraternities.
John: Oh my god! How come losers douches like Jim and Tony are in Greek life on campus?

Kevin: They are in Sigep: Sigma Phi Everyone......
by realgreek November 20, 2010