2000-2008
21 entries
Enron
Enron filed for bankruptcy on December 2, 2001, with 63.4 billion in assets, then the largest bankru...
WorldCom
WorldCom filed for bankruptcy on July 21, 2002, with 107 billion in assets, surpassing Enron as the ...
Northern Rock
Northern Rock was nationalized by the UK government in February 2008 after the first bank run in Bri...
Polaroid
Polaroid filed for Chapter 11 bankruptcy in October 2001. The instant photography pioneer had 13.4 b...
Argentina 2001
Argentina defaulted on 93 billion in sovereign debt in December 2001, then the largest sovereign def...
Refco
Refco, one of the largest commodities brokers in the US, filed for bankruptcy on October 17, 2005, j...
HIH Insurance
HIH Insurance collapsed in March 2001 in what was then the largest corporate failure in Australian h...
Air Canada
Air Canada filed for bankruptcy protection on April 1, 2003. The airline was hit by SARS, the Iraq w...
Swissair
Swissair collapsed on October 2, 2001, in what became known as the grounding. The entire Swissair fl...
Ansett
Ansett Australia collapsed in September 2001. Ansett was one of the oldest airlines in the world, fo...
Refco Hidden Debts
Refco concealed its true financial condition through a complex scheme involving a related party. CEO...
Adelphia
Adelphia Communications filed for bankruptcy on June 25, 2002. The company was the fifth largest cab...
Tyco
Tyco International CEO Dennis Kozlowski was indicted in June 2002 for stealing 600 million from the ...
Global Crossing
Global Crossing filed for bankruptcy on January 28, 2002, the fourth largest bankruptcy in US histor...
US Airways
US Airways filed for Chapter 11 bankruptcy on August 11, 2002. The airline had been hit by the Septe...
Delta Airlines
Delta Airlines filed for Chapter 11 bankruptcy on September 14, 2005. Delta was hit by high fuel cos...
United Airlines
United Airlines filed for Chapter 11 bankruptcy on December 9, 2002, the largest airline bankruptcy ...
Energy Trading Enron
Enrons energy trading operation was the most profitable part of the company before the fraud was dis...
Acer
Acer Inc underwent a major restructuring in 2000 after losing 7.5 billion Taiwan dollars. Founder St...
Antrex
Bristol Myers Squibb wrote off 2 billion on the antidepressant Vanlafaxine after generic competition...
Malden Mills
Malden Mills, manufacturer of Polartec fleece, filed for Chapter 11 bankruptcy in November 2001. CEO...