A look at the top 10 US bankruptcies

A look at the top 10 US bankruptcies

CIT Group’s filing for Chapter 11 protection is the fifth-largest in U.S. history. Here are the top 10 U.S. bankruptcy filings, based on the companies’ most recent annual report before filing for bankruptcy protection, according to BankruptcyData.com.

Company, Bankruptcy Date, Assets

Lehman Brothers Holdings Inc., Sept. 15, 2008, $691.06 billion

Washington Mutual Inc., Sept. 26, 2008, $327.91 billion

WorldCom Inc., July 21, 2002, $103.91 billion

General Motors Corp., June 1, 2009, $91.05 billion-x

CIT Group Inc., Nov. 1, 2009, $71 billion

Enron Corp., Dec. 2, 2001, $65.50 billion

Conseco Inc., Dec. 17, 2002, $61.39 billion

Chrysler LLC, April 30, 2009, $39.30 billion

Thornburg Mortgage Inc., May 1, 2009, $36.52 billion

Pacific Gas and Electric Co., April 6, 2001, $36.15 billion

x-GM listed $91.05 billion in assets in its annual report as of Dec. 31, 2008, but listed $82.29 billion in assets as of March 31, 2009, in its bankruptcy petition.