Largest Bankruptcies Since 1980

Largest Bankruptcies Since 1980

The Largest Bankruptcies since 1980 shows companies with the highest assets who have claimed bankruptcy in the last three decades. The majority of these bankruptcies have occurred after the year 2000. 2008 saw the largest and perhaps most damaging bankruptcy in regards to the US economy.

RankCompanyAssets Before BankruptcyBankruptcy Date 
1Lehman Brothers Bank FSB$691,063,0009/15/2008 
2WorldCom$103,914,0007/21/2002 
3Enron$65,503,00012/2/2001 
4Conesco, Inc.$61,392,00012/17/2002 
5Pacific Gas and Electric Company$36,152,0004/6/2001 
6Texaco$34,940,0004/12/1987 
7Financial Corp. of America$33,864,0009/9/1988 
8Refco$33,333,00010/17/2005 
9IndyMac Bank$32,734,0007/31/2008 
10Global Crossing$30,185,0001/28/2002 
11Bank of New England Corp.$29,773,0001/7/1991 
12Calpine$27,216,00012/20/2005 
13New Century Financial$26,147,0004/2/2007 
14UAL Corporation$25,197,00012/9/2002 
15Delta Air Lines$21,801,0009/14/2005 
16Adelphia$21,499,0006/25/2002 
17MCorp.$20,228,0003/31/1989 
18Mirant$19,415,0007/14/2003 
19American Home Mortgage Investment Corporation$18,829,0008/6/2007 
20NTL Incorporated$16,834,0005/8/2002 
Largest Bankruptcies Since 1980
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