The largest corporate bankruptcies in US history, according to the most up-to-date report from The Wall Street Journal:
1) Lehman Bros., $691 billion
2) Washington Mutual, $327.9 billion
3) WorldCom, $103.9 billion
4) GM, $91 billion
5) CIT Group, $80.4 billion
6) Enron, $65.5 billion
7) Conseco, $61.4 billion
8) MF Global, $41 billion
9) Chrysler, $39.3 billion
10) Thornburg Mortgage, $36.5 billion
11) Pacific Gas and Electric, $36.15 billion.
Just four of these top failures occurred previous to 2008.
