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2 Largest corporate annual losses of all ... largest annual and quarterly earnings and losses in corporate history. ... States: 2008: 31 December 2008: $50.8: 1: $50.8:
The largest corporate bankruptcy in U.S. history also made 2008 a record year in terms of assets, with Lehman's size—$691 billion (~$960 billion in 2023) in assets—alone surpassing all past annual totals. [60] The year also saw the ninth-biggest bankruptcy, with the failure of IndyMac Bank. [61]
Accounting fraud. An auditor was murdered, an adviser committed suicide. The largest collapse in Hong Kong history. Texaco: United States: 13 April 1987: Oil: After a legal battle with Pennzoil, whereby it was found to owe a debt of $10.5 bn, Texaco went into bankruptcy. It was later resurrected and taken over by Chevron. Qintex: Australia ...
By Douglas A. McIntyre. Eleven American companies have laid off a total of nearly 600,000 people in the past two decades. Each also fired a large number of employees at one time to earn it a place ...
The nation's largest state is home to 10% of the Fortune 1000, with 101 companies on the list having their headquarters in California. These include Silicon Valley giants like Apple, HP, Google ...
The largest civil-damage award in business history was first rendered in 1985 in the case of v. Pennzoil. However, it was far from certain that the $10.53 billion judgment would stand on appeal
Interactive semi-log plot of historical population of the 50 states of USA and the District of Columbia from 1900 to 2015 according to Federal Reserve Economic Data categorised by US census region. In theSVGfile , hover over a graph, its state abbreviation, its map or its region label to highlight it (and in SMIL-enabled browsers, click to ...
Company Source of loss Year Person(s) associated with incident at time of loss USD 10 bn 1 USD 10 bn -19.4% USD 8.06 bn United States: Archegos Capital Management [4] Total return swaps 2021 Bill Hwang: USD 9 bn: 1: USD 9 bn: −3.7%: USD 8.67 bn United States: Morgan Stanley [5] Credit Default Swaps: 2008 Howie Hubler: USD 9 bn: 1: USD 9 bn ...