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For a minute before I clicked the link I wondered if this was about Enron. I mean, there are a few 'greatest' failures. Pretty good write-up though with its par
by 6stringmerc 11y ago
For a minute before I clicked the link I wondered if this was about Enron. I mean, there are a few 'greatest' failures. Pretty good write-up though with its particular perspective.
- finance-geek 11y agoSee top-10 bankrupcies: http://content.time.com/time/specials/packages/article/0,28804,1841334_1841431,00.html http://content.time.com/time/specials/packages/article/0,288... Enron's bankruptcy was "only" 67billion. The largest bankruptcy to date has been Lehman's, which was shy of 700billion. AIG's bankruptcy would be over a trillion PLUS would lead to a domino of derivatives-driven bankruptcies across counterparties including Goldman Sachs and Deutsche Bank.