DOW on Nostr: Lehman Brothers had the largest bankruptcy filing in US history at 2008, with assets ...

Lehman Brothers had the largest bankruptcy filing in US history at 2008, with assets valued at $691 billion. The collapse of Lehman Brothers was a major factor in the 2008 financial crisis.

Here is a list of the top 10 largest bankruptcy filings in US history, as of July 2023:

Lehman Brothers (2008) - $691 billion
Washington Mutual (2008) - $328 billion
Worldcom (2002) - $104 billion
General Motors (2009) - $82 billion
CIT Group (2009) - $71 billion
Pacific Gas & Electric (2019) - $71 billion
Enron (2001) - $66 billion
Conseco (2002) - $61 billion
MF Global (2011) - $41 billion
Chrysler (2009) - $39 billion
Lehman Brothers' bankruptcy filing remains the largest in US history, and it is a reminder of the risks associated with the financial system.