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World Bankruptcy Timeline | Sunday, June 17 |
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Details:
| Jun.26 |
California |
Californian city faces bankruptcy
| Mar.6 |
New York |
Lehman Brothers exits bankruptcy
| Nov.29 |
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American Airlines files for bankruptcy American Airlines' parent company AMR Corporation has filed for Chapter 11 bankruptcy protection
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| Jun.28 |
Los Angeles |
MLB: LA Dodgers file for bankruptcy |
| Sep.30 |
Ireland |
Ireland bank bailout could cost $46 billion
| Aug.28 |
Mexico |
Grupo Mexicana suspends its 3 airlines
| Jan.18 |
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Japan Airlines to file for bankruptcy Japan Airlines (JAL), - which has $16.5bn (£10bn) of debts - Asia's biggest air carrier, is due to file for bankruptcy protection
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| Nov.27 |
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Dubai debt woes 'a drama, but no crisis'![]()
| Nov.1 |
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CIT Group files for US bankruptcy The lender has filed for bankruptcy protection, after a debt-exchange offer to bondholders failed. The reorganisation plan will reduce debt by...
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| Oct.23 |
USA |
US bank failures top 100 for year
| Jul.10 |
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| Jun.1 |
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| May.31 |
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| May.27 |
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| Apr.30 |
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Chrysler 'to file for bankruptcy' Chrysler is to enter bankruptcy protection after failing to persuade a number of hedge funds to write off its debts
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| Mar.2 |
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AIG reports record $61.7bn loss Insurance giant AIG has reported a loss of $61.7bn in the final three months of 2008 - the largest quarterly loss in corporate history
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| Feb.21 |
Antigua & Barbuda |
Antigua & Barbuda seizes Stanford banks
| Feb.2 |
Washington |
Obama predicts more bank failures
| Jan.9 |
South Korea |
Automaker Ssangyong files for bankruptcy
| Jan.6 |
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Billionaire Adolf Merckle kills self ![]() ![]()
| Jan.3 |
Austria |
Austria takes over bank hit by Madoff
| Dec.25 |
China |
Scandal-tainted Sanlu files for bankruptcy |
| Dec.2 |
U.S. Congress |
US carmakers publish rescue plans |
| Oct.29 |
Denmark |
Sterling Airlines files for bankruptcy |
| Oct.21 |
Iceland |
Kaupthing Bank fails to pay interest |
| Oct.8 |
Washington |
US warns of further bank failures
| Oct.4 |
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Another top European bank falters ![]() ![]()
| Sep.16 |
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US government rescues insurer AIG ![]() ![]()
| Sep.14 |
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Lehman Bros files for bankruptcy ![]() ![]()
| Apr.10 |
England |
MG Rover gets £6.5m loan lifeline
| Dec.19 |
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Yukos unit fetches $9bn at auction Baikal Finance Group outbid favourite Gazprom to buy Yuganskneftegas. Yukos said that the auction was illegal
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| Nov.19 |
Russia |
Russia confirms Yukos break-up
| Feb.19 |
Texas |
Ex-Enron CEO denies fraud charges
| Jan.23 |
Italy |
Parmalat aide 'commits suicide'
| Aug.3 |
New York |
Tyson files for bankruptcy |
| Jul.11 |
Texas |
Enron creditors 'to lose four fifths'
| Apr.25 |
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American Airlines saved from the brink Airline had reached a last-minute deal with the Association of Professional Flight Attendants
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| Dec.9 |
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United flies into bankruptcy United Airlines filed for the largest bankruptcy in airline history, succumbing to continued losses and debt payments
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| Aug.21 |
Washington |
Ex-Enron executive pleads guilty
| Jul.21 |
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WorldCom files largest bankruptcy ever Nation's No. 2 long-distance company in Chapter 11, largest with $107 billion in assets, after it improperly booked $3.9 billion
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| Jun.26 |
U.S. Congress |
Bush vows WorldCom inquiry
| Mar.14 |
Washington |
Andersen indicted over Enron
| Feb.4 |
Texas |
Former Enron chief quits board
| Feb.3 |
U.S. Senate |
Enron's Lay refused to testify
| Jan.23 |
Texas |
Enron chairman resigns
| Jan.9 |
Washington |
Criminal inquiry into Enron collapse
| Dec.2 |
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