5 Biggest Companies That Went Bankrupt

In this article we are going to list the 5 biggest companies that went bankrupt. For a detailed coverage of this topic and a more comprehensive list please head on over to the 15 biggest companies that went bankrupt.

5. General Motors (NYSE:GM)

Total assets at the time of bankruptcy (in billions of dollars): 82.3

Date of bankruptcy:  June 1, 2009

It may be going strong once again, but GM faced tough times in 2009, where it basically required a bailout worth nearly $40 billion from the US government, resulting in the entire reorganization of the company itself.

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