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The Largest Bankruptcies in History (INFOGRAPHIC)

awesome.goodmagazine.com — Last week, General Motors began the fourth largest bankruptcy proceedings in history, joining the many other large and venerable companies that have sunk to the bottom during this economic crisis. In fact, eight of the 20 largest bankruptcies have happened during the last two years of crisis.

Who dugg this? Made popular Jun 10, 2009

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  • brinkofjon, on 06/09/2009, -0/+63You sunk my battle-corporation!
  • nahsrocketeer75, on 06/09/2009, -0/+52Very interesting to see how much GM was positively *dwarfed* by Lehman. Graphic did a nice job of driving home the point.
  • amibatman, on 06/09/2009, -0/+47I never thought GM's bankruptcy could look so tiny
  • atm259, on 06/10/2009, -1/+23Godamn, I love Infographics.
  • larrimer7, on 06/10/2009, -3/+23IM ON A BOAT
  • termerjur, on 06/10/2009, -0/+16Captain - "To the lifeboats!"

    Crew - "Uh...you asked us to liquidate them remember?"

    Captain - "To the helicopters!"

    Crew - "Whew...in that case we might be able to make the tee off on tomorrow. Good thinking captain!"
  • jezsik, on 06/09/2009, -0/+13After seeing a few of these goodmagazine graphics, I'm going to have starting giving this site some serious consideration. These folks really know how to put together a thousand-word essay with impact!
  • jman583, on 06/10/2009, -0/+11First rule of Digg: NEVER USE TINYPIC!!!!
  • mKuenzel, on 06/10/2009, -1/+11Wait I don't get it... where is the titanic?

    I like boats.
  • MrBabyMan, on 06/10/2009, -3/+10What's up with all your negative comments?
    http://digg.com/users/thetruthis/history/comments
    Do you need a puppy and/or a hug?
  • inactive, on 06/10/2009, -1/+8How can someone possibly be misinformed? Time is clearly shown as the y -axis...
  • HolemCross, on 06/10/2009, -0/+7I had to get a second look at that graph and noticed the awesome legend at the bottom. Good graphics are good.
  • thejackamo, on 06/10/2009, -0/+7I *love* Good Magazine's infographics
  • opitica, on 06/10/2009, -1/+7I JUST TURNED ON CRUISE CONTROL
  • yunus, on 06/11/2009, -0/+6It's even scarier to think that the only reason AIG isn't on top of this list is because the taxpayers balied them out.
  • Bloyru, on 06/10/2009, -1/+7You're bankrupt too?
  • MooseOfReason, on 06/10/2009, -1/+6It didn't go bankrupt. It just sank.
  • sillykalcifer, on 06/10/2009, -0/+5its lehman brothers
  • Demos27, on 06/10/2009, -1/+5I think you're just nitpicking. It took a second but I noticed where the bankruptcies actually were (sinkline), and if you have any common sense you should easily be able to figure that out. It's a well put together graphic and if you notice there is a sort of legend at the bottom showing each type of boat and the amounts they represent.
  • pfhayter, on 06/11/2009, -2/+6Good submissions are good submissions.

    Get a life.
  • bmcnally, on 06/10/2009, -0/+3You obviously haven't seen the spaceship comparison chart . . .
  • govsucks, on 06/11/2009, -1/+4Fannie and Freddie?
  • JK1150, on 06/10/2009, -3/+6This doesn't justify saving that dump of a car company though.
  • XkenX87, on 06/11/2009, -0/+3Pretty bad when a finance company goes broke.
  • atm259, on 06/10/2009, -0/+3just so you know, I reported the image as offensive. The image is no longer up. Don't use tinypic.
    You're welcome.
  • MooseOfReason, on 06/10/2009, -2/+5Nothing justifies the government saving any company.
  • absent14, on 06/10/2009, -1/+4What about inflation?
  • brianrlawson, on 06/11/2009, -0/+3Conseco is the first little boat on there! I've worked there 10 years...back when champagne was coming out of the water fountains and we were all riding around in private helicopters. It is quite a different place now, to be sure. We used to be the #3 largest, but have been bumped down a little recently.
  • lhbaker, on 06/10/2009, -0/+3Also the biggest graph ever created. Sucks they had to make it that big to keep everything in perspecitve.
  • MooseOfReason, on 06/10/2009, -1/+4paho, I think that was the whole point of the chart.
  • CJArgus, on 06/10/2009, -0/+3This is everything a graph should be.
  • pfhayter, on 06/11/2009, -1/+4Wait until the USA finally files for chapter 11.
  • DBLaise, on 06/10/2009, -0/+2If only they would avoid those damn icebergs...
  • thetruthis, on 06/11/2009, -0/+2Maybe just a hug. Nothing against you personally, but it's you and a few others who basically own digg. It sucks.
  • wrobin, on 06/11/2009, -0/+2And Bank of America, Citibank, Bear Stearns, Merril Lynch, Goldman Sachs... etc, etc, etc
  • jmdwinter, on 06/11/2009, -2/+4Lol. I wouldn't give him a puppy. That's cruel!
  • Donotsurf, on 06/10/2009, -1/+2Meanwhile, the Japanese battlecruisers battle on in the Pacific! Stay tuned for our next episode on Bankcruptcy Battlegrounds.
  • DonAlfred, on 06/10/2009, -2/+3***** TAKE A LOOK AT ME
  • termerjur, on 06/10/2009, -2/+3eh - to the grammar patrol: sorry about that mysterious "on tomorrow". Originally I wrote "...on the green" but since I have a tendency to labor sentences I am trying to get in the habit of trimming unnecessary words and the "on" escaped the cut.

    In your honor I give myself a due frownie face:

    :(

    I hope that will suffice. :D

    Party on grammar patrol! I am not worthy!
  • MooseOfReason, on 06/10/2009, -1/+2Good Magazine is *good*.
  • jblade, on 06/11/2009, -0/+1Adjusting for inflation, especially when dealing with such high numbers, would completely change the standings.
  • termerjur, on 06/11/2009, -0/+1"Failboat" - soon to be added to the English language.
  • LastVisibleDog, on 06/12/2009, -0/+1Fannie and Freddie are in conservatorship right now!

    Explain to us the big difference between a company in conservatorship and a company seeking bankruptcy protection????

    HINT: Fannie and Freddie would be bankrupt if they were not a quasi government agency - right now the government just took over conservatorship of the companies.
  • Khirzask, on 06/11/2009, -0/+1Obligatory failboat comment.
  • 5urr3al5am, on 06/11/2009, -1/+2its true.. now compare that to the $7 trillion US bankruptcy from Obama ... just a thought
  • senatorkevin, on 06/11/2009, -0/+1Uh, you kinda have to go bankrupt to make this list... They did not.
  • nick041, on 06/11/2009, -0/+1You know, looking at it through a boat point of view, Lehman Brothers really ***** up.
  • insomniacal, on 06/11/2009, -3/+3What you call nitpicking I call pointing out a larger trend: sexing up statistics at the expense of conveying an accurate impression. This isn't the first sloppy infographic we've seen on Digg, and it won't be the last.
  • TecWorx, on 07/10/2009, -0/+0If you guys want to learn about money and finance in modern society, then you need to watch the documentary "Money as Debt". Your knowledge will increase substantially, and you'll finally understand what's really going on.

    http://www.youtube.com/watch?v=vVkFb26u9g8
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