Saturday, March 15, 2014

Bankruptcies in USA

This article gives an infographic about the various bankruptcies that have occurred in USA since 1987. The following table gives the details about all the companies that went bankrupt during this time period.


The infographic given below summarizes the data and gives useful insights


Following insights can be obtained from this data

  • Bankruptcies have increased after the year 2000
  • 2005 and 2008 were the worst years
  • Lehman Brothers beat other companies by a huge amount
  • Even though number of companies that filed for bankruptcies in 2009 is high the magnitude is low