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Enron: The Smartest Guys in the Room

Biggest Chapter 11 Cases

Largest US Bankruptcies

Lehman Brothers' chapter 11 bankruptcy protection filing is the largest in history, dwarfing all others. Take a look at the ten biggest corporate filings in US bankruptcy court, based on pre-bankruptcy assets. >
Source: BankruptcyData.com

When financial services company CIT Group announced they were filing for bankruptcy, the company joined the ranks of the largest companies in history to do so.

Take a look at ten of the biggest corporate filings in US bankruptcy court, based on pre-bankruptcy assets.

Source: BankruptcyData.com

Updated Nov. 2, 2009

Lehman Brothers

: $639 billion : Sept. 15, 2008>
Photo: Ernie McClellan

Pre-Bankruptcy Assets: $691 billion

Date Filed: Sept. 15, 2008


Washington Mutual

: $327.9 billion : Sept. 26, 2008
Photo: AP

Assets: $327.9 billion

Date Filed: Sept. 26, 2008

WorldCom

: $103.9 billion: July 21, 2002>
Photo: AP

Assets: $103.9 billion

Date Filed: July 21, 2002



General Motors

: $91 billion : June 1, 2009
Photo: AP

Pre-Bankruptcy Assets: $91 billion

Date Filed: June 1, 2009

CIT Group

: $71 billion : Nov. 1, 2009
Photo: Getty Images

Pre-Bankruptcy Assets: $71 billion

Date Filed: Nov. 1, 2009

Enron

: $63.4 billion: Dec. 2, 2001  >

Assets: $65.5 billion

Date Filed: Dec. 2, 2001 



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Conseco

: $61.4 billion: Dec. 18, 2002>

Assets: $61.4 billion

Date Filed: Dec. 17, 2002



Chrysler

: $39.3 billion : April 30, 2009
Photo: AP

Pre-Bankruptcy Assets: $39.3 billion

Date Filed: April 30, 2009

Thornburg Mortgage

: $37 billion : May 1, 2009

Pre-Bankruptcy Assets: $36.5 billion

Date Filed: May 1, 2009

Pacific Gas and Electric

: $36.2 billion : April 6, 2001
Photo: Wiki Commons | Kevin Collins

Assets: $36.2 billion

Date Filed: April 6, 2001