Biggest Bankruptcies in the USA

The Lehman Brothers bankruptcy protection filling is the largest in US history, CNBC compiled a list of other costly bankruptcies:

1. Lehman Brothers
Pre-Bankruptcy Assets: $639 billion
Date Filed: Sept. 15, 2008

2. Worldcom
Assets: $103.9 billion
Date Filed: July 21, 2002

3. Enron
Assets: $63.4 billion
Date Filed: Dec. 2, 2001

4. Conseco
Assets: $61.4 billion
Date Filed: Dec. 18, 2002

5. Texaco
Assets: $35.9 billion
Date Filed: April 12, 1987

6. Financial Corp. of America
Assets: $33.9 billion
Date Filed: Sept. 9, 1988

7. Refco
Assets: $33.3 billion
Date Filed: Oct. 17, 2005

8. Global Crossing
Assets: $30.2 billion
Date Filed: Jan. 28, 2002

9. Pacific Gas and Electric
Assets: $29.8 billion
Date Filed: April 6, 2001

10. United Airlines
Assets: $25.2 billion
Date Filed: Dec. 9, 2002

Interestingly enough 8 of the 10 were occurred in the 2000's.