Top 10 largest bankruptcies of all time (slideshow)


#9: Chrysler

Chrysler has been an American automobile icon since 1925. Chrysler saw sales decline steeply in 2008 as the financial crisis spilled from the housing market into other markets. Chrysler was able to secure funding and backing of its warranties from the U.S. government. Chrysler came out of bankruptcy on June 10, 2009, just 41 days after entering bankruptcy protection.

Bankruptcy filing: April 30, 2009
Assets: $39.3 billion

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