Home -> Law Blog Directory -> Practice Management Blogs -> Chuck Newton
(866) 635-2689 for Personal Injury or (866) 635-9402 for Criminal Defense
Find a Local Lawyer
Divorce (866) 635-6190
Personal Injury (866) 635-2689
Criminal Defense (866) 635-9402
Practice Management
: Chuck Newton10 Largest Bankruptcies Of All Time
By Chuck Newton
With Lehman Brothers filing the largest bankruptcy in history, there are a couple interesting points to make.
First, in a democracy, what is a right for the biggest and most powerful corporations among us, should be a right extended to the least consumer among us. After all, this is also Biblical, is it not? "Whatever you do for the least of these my brothers, you do it to me". Matthew 25:40.
Second, it is interesting to view the top 10 biggest brothers (bankruptcies) of all time to give you the size and enormity of that right. These are:
1. Lehman Brothers - $639 billion in assets.
2. Worldcom - 103.4 billion in assets.
3. Enron - $63.4 billion in assets.
4. Conseco - $61.4 billion in assets.
5. Texaco - $35.9 billion in assets.
6. Financial Corp. of America - $33.9 billion in assets.
7. Refco - $33 billion in assets.
8. Global Crossing - $30.2 billion in assets.
9. Pacific Gas and Electric - $29.8 billion in assets.
10. United Airlines - $25.2 billion in assets.
Full post as published by Chuck Newton on September 18, 2008 (boomark / email).
Cipro
The FDA is seeking to add black box warnings of the risk of tendon rupture associated with Cipro and Levaquin.
The ruptures can involve Achilles tendon, shoulder, hand, bicep or thumb tendons, and is especially increased in patients older than 60, or people who have received kidney, heart or lung transplants, as well as people on steroid therapy...

Consumer Bankruptcies Up 28.8 Percent from Same Time a Year Ago
Good Overview of Chapter 13 Bankruptcy In Birmingham
Bankruptcy Rate Rises in October, 2007
Most People Can Still File Chapter 7 bankruptcies
Insolvency Rate Falls in September, 2007








