List of the 12 Largest U.S. Bankruptcies Wednesday December 18, 12:23 pm ET By The Associated Press
The top 12 U.S. bankruptcies, ranked by assets: -- WorldCom Inc., July 21, 2002; $103.9 billion -- Enron Corp., Dec. 2, 2001; $63.4 billion -- Conseco Inc., Dec. 18, 2002; $61.4 billion -- Texaco Inc., April 12, 1987; $35.9 billion -- Financial Corp. of America, Sept. 9, 1988; $33.9 billion -- Global Crossing Ltd., Jan. 28, 2002; $25.5 billion -- UAL Corp., Dec. 9, 2002; $25.2 billion -- Adelphia, June 25, 2002; $24.4 billion -- Pacific Gas and Electric Co., April 6, 2001; $21.5 billion -- MCorp., March 31, 1989; $20.2 billion -- Kmart Corp. Jan. 22, 2002, $17.0 billion -- NTL Inc., May 8, 2002, 16.8 billion Enron's assets were taken from the quarterly report filed 11/19/01 ------ Source: BankruptcyData.com |