Largest US Bankruptcies

Fortune looks at the ten largest company bankruptcies of all-time.

Among the are Lehman’s, Washington Mutual, WorldCom, General Motors, Chrysler, Enron, Conseco, Texaco, Pacific General & Electric, and Thornburg.

In case you were wondering, nine of them occurred this decade.  Texaco happened in 1987.  The other nine all happened under George W. Bush’s watch.  Think about that for a moment.

Well, that’s not entirely true.  As Chrysler, Thornburg, and General Motors all filed for bankruptcy protection in 2009 under Obama’s watch.  However, it’s not a stretch to say that the policies of Dubya led to their imminent collapse.  I would hardly blame Obama for their demise.

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