Largest U.S. Bankruptcies, 1980 To Present
September 12, 2002
Rank
I
Assets in $Bill
I
Filed
1. WorldCom
$103.9
July 2002
2. Enron
$63.4
December 2001
3. Texaco
$35.9
April 1987
4. Financial
Corp
.
$33.9
September 1988
5. Global Crossing
$25.5
January 2002
6. Adelphia
$24.4
June 2002
7. Pacific Gas/Elec.
$21.5
April 2001
8. MCorp
$20.2
March 1989
9. Kmart
$17.0
January 2002
10. NTL
$16.8
May 2002
Source: BankruptcyData.com
http://www.usatoday.com/money/industries/2002-09-12-chart-busts.htm