Largest U.S. Bankruptcies, 1980–Present
Below is a list of the largest bankruptcy filings in U.S. history, as of 2015.
Worldcom corporate headquarters in Clinton, Miss.
Source: AP Photo/Rogelio Solis
|Total assets |
|Lehman Brothers Holdings, Inc.||9/15/2008||$691,063|
|Washington Mutual, Inc.||9/26/2008||327,913|
|General Motors Corporation||6/1/2009||91,047|
|CIT Group Inc.||11/1/2009||80,448|
|MF Global Holdings Ltd.||10/31/2011||40,541|
|Thornburg Mortgage, Inc.||5/1/2009||36,521|
|Pacific Gas and Electric Co.||4/06/2001||36,152|
|Financial Corp. of America||9/9/1988||33,864|
|IndyMac Bancorp, Inc.||7/31/2008||32,734|
|Global Crossing Ltd.||1/28/2002||30,185|
|Bank of New England Corp.||1/7/1991||29,773|
|General Growth Properties, Inc.||4/16/2009||29,773|
|Lyondell Chemical Company||1/6/2009||27,392|
1. Worldcom, Inc. assets taken from the audited annual report dated 12/31/2001.
2. The Enron assets were taken from the tax documents filed on 11/19/2001. The company has announced that the financials were under review at the time of filing for Chapter 11.
Source: New Generation Research, Inc. Web: www.bankruptcydata.com .
|United States' Largest Banks||US Companies and Industry||Life Insurance in Force|