15 Biggest Companies That Went Bankrupt

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15. Refco

Total assets at the time of bankruptcy (in billions of dollars): 33.33

Date of bankruptcy:  October 17, 2005

Refco was a financial services company in New York, and unlike most financial institutions in our list, wasn’t a result of the 2008 financial crisis. The company ended up declaring bankruptcy due to its CEO hiding 430 million in bad debts.

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