From the link: http://www.thestar.com/business/article/656102--top-10-bankruptcy-victims-of-the-great-recession
1. Lehman Brothers Holdings Inc., New York,
bankruptcy filing Sept. 15, 2008, assets: $691 billion (U.S.), 26,000 employees.
2. Washington Mutual Inc., Seattle,
bankruptcy filing Sept. 26, 2008, assets: $328 billion (U.S.), 49,403 employees.
3. General Motors Corp., Detroit,
bankruptcy filing June 1, 2009, assets: $91 billion (U.S.), 91,000 employees.
4. Chrysler LLC, Auburn Hills, Mich.,
bankruptcy filing April 30, 2009, assets: $39 billion, 54,000 employees.
5. Thornburg Mortgage Inc., Santa Fe, N.M.,
bankruptcy filing April 1, 2009, assets: $37 billion (U.S.), 400 employees.
6. Nortel Networks Corp., Toronto,
bankruptcy filing Jan. 14, 2009, assets: $11.6 billion (U.S.), 32,000 employees.
7. AbitibiBowater Inc., Montreal,
bankruptcy filing April 16, 2009, assets: $9.9 billion (U.S.), 15,600 employees.
8. Tribune Co., Chicago,
bankruptcy filing Dec. 8, 2008, assets: $7.6 billion (U.S.), 16,000 employees.
9. Quebecor World Inc., Montreal,
bankruptcy filing Jan. 21, 2008, assets: $5.5 billion (U.S.), 28,000 employees.
10. Visteon Corp., Van Buren Township, Mich.,
bankruptcy filing May 28, 2009, assets: $4.6 billion (U.S.), 70,000 employees. Source: Company reports.
This blog documents my MBA student life at Ryerson University, Canada (2010-2012). It was an attempt to demystify the MBA experience, help understand MBA topics & encourage MBA wannabes. I have a Pre-MBA blog about B-School application process (and a few other blogs) as well. I used to blog actively in the past and interact with readers regularly, but life got very busy after my MBA. Good luck. Take care. Cheers! Gerry.
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