Securities firm MF Global Holdings Ltd. filed for bankruptcy protection Monday after the company posted a big quarterly loss and was downgraded by credit rating agencies. Investors were concerned about its holdings of European sovereign debt. It appears to be the first big U.S. casualty of the European debt crisis.
MF Global is the eight-largest U.S. corporate bankruptcy, based on the assets listed in its court filings. Here’s an updated list of the nation’s 10 biggest bankruptcies.
Click here for the list from the Washington Post
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