CNBC has put together a quick slideshow list of the top 10 largest Chapter 11 bankruptcy filings in US history. The size and magnitude of Lehman's bankruptcy is unimaginable making the 2nd largest bankruptcy of Worldcom seems small in comparison.
10. United Airlines; Assets: $25.2 billion; Date Filed: Dec. 9, 2002
9. Pacific Gas and Electric; Assets: $29.8 billion; Date Filed: April 6, 2001
8. Global Crossing; Assets: $30.2 billion; Date Filed: Jan. 28, 2002
7. Refco; Assets: $33.3 billion; Date Filed: Oct. 17, 2005
6. Financial Corp. of America; Assets: $33.9 billion; Date Filed: Sept. 9, 1988
5. Texaco; Assets: $35.9 billion; Date Filed: April 12, 1987
4. Conseco; Assets: $61.4 billion; Date Filed: Dec. 18, 2002
3. Enron; Assets: $63.4 billion; Date Filed: Dec. 2, 2001
2. Worldcom; Assets: $103.9 billion; Date Filed: July 21, 2002
1. Lehman Brothers; Pre-Bankruptcy Assets: $639 billion; Date Filed: Sept. 15, 2008
via Biggest Chapter 11 Cases [CNBC]
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