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See top-10 bankrupcies: http://content.time.com/time/specials/packages/article/0,28804,1841334_1841431,00.html http://content.time.com/time/specials/packages/ar
by finance-geek 11y ago
See 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.