US Major Bankrupt Companies 2008- The Latest Casualty Count
By Daniel at 6 December, 2008, 10:19 am
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Circuit City files for Chapter 11 bankruptcy - Nov. 10, 2008
Circuit City Stores, the No. 2 U.S. consumer electronics retailer, filed for bankruptcy protection Monday just a few weeks before the start of the key holiday shopping season, becoming the largest retailer to file under Chapter 11 this year.
Washington Mutual files for Chapter 11 bankruptcy - Sep 27, 2008
Washington Mutual Inc has filed a petition for Chapter 11 bankruptcy protection from creditors in U.S. bankruptcy court in Delaware.
In the voluntary petition filed late Friday, the company listed assets of $32.9 billion, and debts of $8.2 billion, putting it in the top 10 largest U.S. bankruptcy cases ever filed.
Lehman Brothers files for Chapter 11 bankruptcy - 15 Sep 2008
Lehman had assets of $639 billion at the end of May, while WorldCom had $107 billion when it filed for bankruptcy protection in 2002.
The Chapter 11 filing did not include Lehman’s broker-dealer operations and other units, such as asset management firm Neuberger Berman.
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