Today, the bankruptcy of General Motors (GM) marks the largest bankruptcy proceedings in the U.S. industrial sector, the third largest in all areas. GM is the eighth U.S. listed company with assets over $ 10 billion to initiate bankruptcy proceedings since the beginning of 2009, the 45th in history.
The 10 largest bankruptcies in the United States since 1980, assets in bankruptcy in $ billions:
- 1. Lehman Brothers Holdings Inc (2008) 691
- 2. WorldCom Inc. (2002) 104
- 3. General Motors Corp. (2009) 91
- 4. Enron Corp. (2001) 65
- 5. Conseco Inc (2002) 61
- 6. Chrysler LLC (2009) 39
- 7. Thornburg Mortgara Inc (2009) 37
- 8. Pacific Gas and Electric Co (2001) 36
- 9. Texaco Inc (1987) 35
- 10. Financial Corp of America (1988) 34
RTFX Ltd
Head Office
Level 2, Suite 2, The Cornerstone Complex, 16th September Square | Mosta MST 1180 | Malta
Tel: +356 27 78 01 35
Fax: +356 21 41 24 58
Web:
www.rtfx.com
This message and any attachments (the "message") are intended solely for the addressees and are confidential. If you receive this message in error, please delete it and immediately notify the sender. Any use not in accordance with its purpose, any dissemination or disclosure, either whole or partial, is prohibited except with formal approval. The internet cannot guarantee the integrity of this message. RTFX Ltd (and its subsidiaries) shall (will) not therefore be liable for the message if modified. Do not print this message unless it is necessary, consider the environment. RTFX Ltd holds a Category 3 license issued by the Malta Financial Services Authority.
The 10 largest bankruptcies in the United States since 1980
Mode linéaire
