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Washington, Bankruptcy Timeline Tuesday, May 14 Bookmark and Share     Author
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US government rescues insurer AIG
World News (13) World Bankruptcy (51) Washington (232) Business (177) Bankruptcy (14)
2009 (1) 2008 (3) 2002 (10)
   U.S. Congress (6)
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Obama (254)   USA Bank   AIG (9)   Enron (41)   U.S. Congress (208)
US carmakers publish rescue plans  U.S. Congress: Chrysler, Ford and General Motors have all submitted their proposals for multi-billion dollar loans upon which their survival could depend US warns of further bank failures
  Obama predicts more bank failures


year 2009 Top ^

Feb.2
  US President has warned that more US banks are likely to fail, as the full extent of their losses in the economic crisis becomes clear


year 2008 Top ^

Dec.2
Oct.8
  Treasury secretary Paulson has warned some banks will still fail despite the $700bn rescue package to shore up the financial system

Sep.16
  The Federal Reserve has announced an $85bn rescue package for the country's biggest insurance company, to save it from bankruptcy


year 2002 Top ^

Oct.16   Enron auditor fined $500,000
  Arthur Andersen has been sentenced to five years probation and given a $500,000 fine Aug.21   Ex-Enron executive pleads guilty
  Michael Kopper has pleaded guilty to charges of money laundering and wire fraud
Jun.27   British bankers charged in Enron fraud  The Justice Department has charged 3 former British bankers with wire fraud in an alleged $7.3 million scheme WorldCom ex-CEO and CFO to testify  A House panel voted to subpoena four people to testify about the accounting scandal Jun.26 Bush vows WorldCom inquiry
  U.S. Congress: President, Congress and other federal regulators vowed to investigate WorldCom while analysts forecast bankruptcy
Mar.14   Andersen indicted over Enron  Accountancy firm at the centre of the Enron bankruptcy, has been indicted on the charge of obstruction of justice Feb.22 White House sued for Enron records  U.S. Congress: The US administration has been sued by the investigative arm of the US Congress Feb.10 Former Enron boss refuses to testify  U.S. Congress: Kenneth Lay will exercise his Fifth Amendment rights when he appears before a Congressional hearing Feb.3 Enron's Lay refused to testify  U.S. Senate: The Senate investigations is in disarray after the former CEO would not appear due to a prosecutorial climate Jan.9 Criminal inquiry into Enron collapse  Justice Department has opened a criminal investigation of fallen energy giant

year 2001 Top ^

Mar.15 Bankruptcy reform  U.S. Senate: Senate has passed a bill to overhaul the bankruptcy code that will make it harder to seek government protection

Washington, Bankruptcy on Google Map

1. 2009-02-02 Obama predicts more bank failures Washington
2. 2008-12-02 US carmakers publish rescue plans U.S. Congress
3. 2008-10-08 US warns of further bank failures Washington
4. 2008-09-16 US government rescues insurer AIG Washington
5. 2002-10-16 Enron auditor fined $500,000 Washington
6. 2002-08-21 Ex-Enron executive pleads guilty Washington
7. 2002-06-27 British bankers charged in Enron fraud Washington
8. 2002-06-27 WorldCom ex-CEO and CFO to testify Washington
9. 2002-06-26 Bush vows WorldCom inquiry U.S. Congress


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