|In an attempt to put the current financial crisis into perspective, today's chart illustrates the 10 largest Chapter 11 bankruptcies in US history. As the chart illustrates, the bankruptcy of Lehman Brothers earlier this week dwarfs all previous US bankruptcies. The US government has taken the approach that some companies are 'too big to fail' as failure could have devastating systemic effects. In the case of Lehman Brothers, however, the bar as to what is too big has been raised - considerably.Notes:
- Where's the market headed? The answer may surprise you. Find out right now with the exclusive & Barron's recommended charts of Chart of the Day Plus.
Rate today's Chart of the Day
By voting every day you help us get you the charts you want to see.
Quote of the Day"A bank is a place where they lend you an umbrella in fair weather and ask for it back when it begins to rain." - Robert Frost
Events of the DaySeptember 23, 2008 - First Day of Autumn (Northern Hemisphere)
Stocks of the Day-- Find out which stocks investors are focused on with the most active stocks today.
-- Which stocks are making big money? Find out with the biggest stock gainers today.
-- What are the largest companies? Find out with the largest companies by market cap.
-- Which stocks are the biggest dividend payers? Find out with the highest dividend paying stocks.
-- You can also quickly review the performance, dividend yield and market capitalization for each of the Dow Jones Industrial Average Companies as well as for each of the S&P 500 Companies.
Mailing List InfoChart of the Day is FREE to anyone who subscribes.
To ensure email delivery of Chart of the Day, add email@example.com to your whitelist.
Journalists and bloggers may post the above free Chart of the Day on their website as long as the chart is unedited and full credit is given with a live, do follow, text link to the Chart of the Day homepage using the following HTML...
If your site provides a list of helpful links, we would appreciate it if you added a link for Chart of the Day at http://www.chartoftheday.com. However, Chart of the Day Plus charts are to be viewed by paying Chart of the Day Plus subscribers only and may not be republished.
Chart of the Day is provided to subscribers without warranty of any kind and accepts no responsibility for its accuracy or for any consequences of its use.