Top 10 Bankruptcies

With an estimated $89 million in assets before it filed for Chapter 11, General Motors has become the U.S.'s fourth largest bankruptcy, joining the ranks of fallen corporate behemoths like WorldCom and Enron

Pacific Gas & Electric Company

  • Print

2001

$36 billion in pre-filing assets

California's largest publicly owned utility filed for bankruptcy after deregulation led the company to incur billions of dollars in debt from the rising cost of wholesale energy. Wholesale prices eventually dropped, and the day the company emerged from bankruptcy in 2004, its stock was worth three times as much as when it filed for protection.

View the full list for "Top 10 Bankruptcies"

Most Popular »

Full List »
  1. Sex, Please, We're British: London's Erotica Expo
  2. The '00s: Goodbye (at Last) to the Decade From Hell
  3. The Growing Backlash Against Overparenting
  4. California Judge Challenging Obama on Gay Rights
  5. Obama's 'Mistakes': Way Too Early to Judge
  6. Zhu Zhu Mania: Hamster Toys Are Ruling Christmas
  7. Toilets
  8. The Fall of Greg Craig, Obama's Top Lawyer
  9. Woman Loses Benefits over Facebook Photo
  10. East Antarctica, Long Stable, Is Now Losing Ice
  1. The Growing Backlash Against Overparenting
  2. Zhu Zhu Mania: Hamster Toys Are Ruling Christmas
  3. The '00s: Goodbye (at Last) to the Decade From Hell
  4. Obama's 'Mistakes': Way Too Early to Judge
  5. California Judge Challenging Obama on Gay Rights
  6. Toilets
  7. Sex, Please, We're British: London's Erotica Expo
  8. Will Private Equity Be the Next Meltdown?
  9. East Antarctica, Long Stable, Is Now Losing Ice
  10. Why Exercise Won't Make You Thin
  • Print

Lists by Topic

Topics

Most Popular