Biggest US Bankruptcies

Five out the the top ten biggest bankruptcies in US happened during this Economic crisis. General Motors the latest one to add in the list features at the 4th place, Another auto giant Chrysler filed Bankruptcy about a month ago and is the seventh biggest so far in the US history.

1. Lehman Brothers - investment banking (2008)
2. Washington Mutual - savings and loan holding (2008)
3.WorldCom - telecom (2002)
4. General Motors - auto (2009)
5. Enron- energy (2001)
6. Conseco - insurance and finance (2002)
7.Chrysler - auto (2009)
8.Thornburg Mortgage Inc - residential mortgage lender (2009)
9. Pacific Gas and Electric Company - electricity and natural gas (2001)
10.Texaco - petroleum major (1987)