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This list has all global annual earnings of all time, limited to earnings of more than $40 billion in "real" (i.e. CPI adjusted) value. Note that some record earning may be caused by nonrecurring revenue, like Vodafone in 2014 (disposal of its interest in Verizon Wireless) [1] or Fannie Mae in 2013 (benefit for federal income taxes).
The company's finance directors concealed large debts. MG Rover Group: United Kingdom: 15 April 2005: Automobiles: After diminishing demand, and getting a £6.5m loan from the UK government in April 2005, the company went into administration. After the loss of 30,000 jobs, Nanjing Automobile Group bought the company's assets. Bayou Hedge Fund Group
Company Country Debt (billions of US$) 1 AT&T United States: 139 2 Volkswagen AG Germany: 136 3 Verizon Communications United States: 126 4 Toyota Japan: 119 5 Anheuser-Busch and InBev Belgium: 107 6 Daimler AG Germany: 104 7 Ford Motor Company United States: 104 8 Petrobras Brazil: 95 9 BMW Germany: 95 10 General Electric United States: 91 11
March 2, 2009: AIG reports that it has lost $62 billion in the fourth quarter, which is the largest quarterly loss in corporate history. The government agrees to an additional $30 billion bailout ...
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
Infamous stock market crash that represented the greatest one-day percentage decline in U.S. stock market history, culminating in a bear market after a more than 20% plunge in the S&P 500 and Dow Jones Industrial Average. Among the primary causes of the chaos were program trading and illiquidity, both of which fueled the vicious decline for the ...
The Biggest Corporate Layoffs Of All Time. 24/7 Wall St. ... Each also fired a large number of employees at one time to earn it a place among the largest corporate layoffs in modern American history.
1600 investors in Diamond Mortgage Company and A.J. Obie, two firms with the same managers, lost approximately $50 million in what the Michigan Court of Appeals described as "the largest reported 'Ponzi' scheme in the history of the state". It led to the passage in 1987 of the Mortgage Brokers, Lenders, and Servicers Act.