Top 12 Largest Bankruptcies in US History

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No.2 Washington Mutual

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The second and first positions on our list outran the previous companies in terms of assets value. As follows, Washington Mutual had assets worth almost $328 billion before filing for bankruptcy in 2008, as a result of mortgage crisis and recession, which caused the company’s stock to drop and led to a withdrawal of about $16.7 billion deposits.

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