2008-2015

Lehman Brothers filed for Chapter 11 bankruptcy on September 15, 2008, the largest bankruptcy filing...

General Motors filed for Chapter 11 bankruptcy on June 1, 2009, with 82.3 billion in assets. GM was ...

Chrysler filed for Chapter 11 bankruptcy on April 30, 2009. The US government provided 8 billion in ...

Washington Mutual filed for bankruptcy on September 26, 2008, the largest bank failure in US history...

Bear Stearns collapsed in March 2008, six months before Lehman. Bear Stearns was the fifth largest i...

Bernie Madoff operated the largest Ponzi scheme in history, estimated at 65 billion in paper wealth....

Eastman Kodak filed for Chapter 11 bankruptcy on January 19, 2012. Kodak had once dominated the phot...

Blockbuster filed for bankruptcy on September 23, 2010, with 1 billion in debt. Blockbuster had 9,00...

Borders Group filed for Chapter 11 bankruptcy on February 16, 2011. Borders operated 642 superstores...

Circuit City filed for Chapter 11 bankruptcy on November 10, 2008, with 3.8 billion in debt. Circuit...

Greece defaulted on its sovereign debt in March 2012, the largest sovereign default in history by fa...

Argentina defaulted again on July 30, 2014, after a US court ruled that Argentina could not pay rest...

Icelands three largest banks, Kaupthing, Landsbanki, and Glitnir, collapsed in October 2008. Their c...

The City of Detroit filed for Chapter 9 bankruptcy on July 18, 2013, the largest municipal bankruptc...

Jefferson County, Alabama filed for Chapter 9 bankruptcy on November 9, 2011, with 4.2 billion in de...

Lehman Brothers International Europe, the European arm of Lehman Brothers, entered administration on...

Connaught Income Fund Series 1 collapsed in 2012, losing 118 million of investor money. The fund was...

WorldSpreads, a spread betting company, collapsed in March 2012. The company had 29.7 million in cli...

Nortel Networks filed for bankruptcy protection on January 14, 2009. At its peak in 2000, Nortel was...

Comet, the second largest electronics retailer in the UK, collapsed in November 2012. OpCapita, a pr...

The Lehman bankruptcy triggered global contagion. Money market funds broke the buck as the Reserve P...

AIG received a 182 billion government bailout in September 2008. The insurance giant had sold credit...

Citigroup received 45 billion in TARP capital injections plus a government guarantee on 306 billion ...

Bank of America acquired Merrill Lynch on January 1, 2009 for approximately 50 billion. The deal was...

Fortis, a Benelux banking and insurance group, was broken up and nationalized in September 2008. For...

Hypo Real Estate, Germanys second largest commercial property lender, collapsed in September 2008. H...

UBS lost approximately 50 billion on US subprime mortgage investments. The Swiss bank had been the l...

Royal Bank of Scotland was effectively nationalized in October 2008. The UK government took an 84 pe...

HBOS, formed from the merger of Halifax and Bank of Scotland, was rescued through acquisition by Llo...

Countrywide Financial, the largest mortgage lender in the US, was acquired by Bank of America in Jan...

IndyMac Bank failed on July 11, 2008, the fourth largest bank failure in US history at the time. Ind...

Wachovia was acquired by Wells Fargo in October 2008 for 15 billion in stock, avoiding collapse. Wac...

Merrill Lynch was acquired by Bank of America in September 2008 before it could fail. Merrill had lo...

MF Global filed for bankruptcy on October 31, 2011. The brokerage was led by Jon Corzine, former CEO...

Peregrine Financial Group, also known as PFG Best, filed for bankruptcy on July 10, 2012. CEO Russel...

American Airlines filed for Chapter 11 bankruptcy on November 29, 2011. American was the last major ...

Southwest Airlines was one of the few major US airlines that did not file for bankruptcy in the 2000...

Alitalia, the Italian flag carrier, filed for bankruptcy in May 2008. Alitalia had lost money for ye...

Air India accumulated massive losses after its 2007 merger with Indian Airlines. The combined airlin...

Mt Gox was a bitcoin exchange based in Tokyo. At its peak, Mt Gox handled approximately 70 percent o...

Energy Future Holdings, formerly TXU, filed for Chapter 11 bankruptcy on April 29, 2014. EFH had 40 ...

Caesars Entertainment, formerly Harrahs Entertainment, filed for Chapter 11 bankruptcy on January 15...

Mervyns was a mid range department store chain that filed for Chapter 11 bankruptcy on July 29, 2008...

The Sharper Image filed for Chapter 11 bankruptcy on February 19, 2008. The gadget and novelty retai...

Linens N Things filed for Chapter 11 bankruptcy on May 2, 2008. The home goods retailer had 589 stor...

Nokia sold its mobile phone business to Microsoft in September 2013 for 5.4 billion. Nokia had once ...

Motorola Mobility was acquired by Google in May 2012 for 12.5 billion. Google wanted Motorolas paten...

Patriot Coal filed for Chapter 11 bankruptcy on July 9, 2012. Patriot had been spun off from Peabody...

Solyndra filed for bankruptcy on September 6, 2011. The solar panel manufacturer had received a 535 ...

Ecuador defaulted on 3.2 billion in Global 2012 bonds in December 2008. President Rafael Correa call...

Spain restructured its savings banks, called cajas, after the 2008 property collapse. The cajas had ...

Ireland guaranteed all bank deposits and bank debt in September 2008. The guarantee covered 440 bill...

Banco Espirito Santo, Portugals largest bank by market value, collapsed in July 2014 after revelatio...

Cyprus imposed capital controls and restructured its banking system in March 2013. The two largest C...