U.S. Army Captain Michael Kelvington, commander of the Battle company, 1-508 Parachute Infantry battalion, 4th Brigade Combat Team, 82nd Airborne Division, bows next to remains of Gulam Dostager, a member of Afghan Local Police who was killed in the blast of an Improvised Explosive Device (IED) during the joint Tor Janda (Black Flag in Pashtu) operation, in Zahri district of Kandahar province, southern Afghanistan May 25, 2012.  REUTERS/Shamil Zhumatov  (AFGHANISTAN - Tags: MILITARY CIVIL UNREST CONFLICT TPX IMAGES OF THE DAY)

Reuters Photojournalism

Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography.  See more | Photo caption 

Members of the U.S. Navy Blue Angels fly over the World Trade Center in lower Manhattan as part of the 25th annual Fleet Week celebration in New York, May 23, 2012.  REUTERS/Eduardo Munoz (UNITED STATES - Tags: MILITARY ANNIVERSARY TPX IMAGES OF THE DAY)

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FACTBOX: Largest U.S. bankruptcies

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NEW YORK | Thu Apr 16, 2009 1:09pm EDT

NEW YORK (Reuters) - General Growth Properties Inc, the second-largest U.S. mall owner, filed for bankruptcy protection on Thursday as the credit crisis claimed its biggest real estate victim.

The company has assets of $29.56 billion and total debts of $27.29 billion, according to its bankruptcy petition. General Growth has warned since November that it may have to seek protection from its creditors because it was unable to refinance maturing mortgages.

The following is a list of the largest U.S. bankruptcies since 1980, according to court records and and the website BankruptcyData.com:

COMPANY/YEAR TOTAL ASSETS

Lehman Brothers Holdings Inc (2008) $639,000,000,000 *

WorldCom Inc (2002) 103,914,000,000

Enron Corp (2001) 63,392,000,000

Conseco Inc (2002) 61,392,000,000

Texaco Inc (1987) 35,892,000,000

Financial Corp of America (1988) 33,864,000,000

Refco Inc (2005) 33,333,172,000

Washington Mutual Inc (2008) 32,900,000,000 *

Global Crossing Ltd (2002) 30,185,000,000

Pacific Gas and Electric Co (2001) 29,770,000,000

General Growth Properties Inc (2009) 29,560,000,000 *

Lyondell Chemical Co (2009) 27,392,000,000

UAL Corp (2002) 25,197,000,000

Delta Air Lines Inc (2005) 21,801,000,000

Adelphia Communications Corp (2002) 21,499,000,000

MCorp (1989) 20,228,000,000

Mirant Corp (2003) 19,415,000,000

Delphi Corp (2005) 16,593,000,000

* - from court documents

(Reporting by Christopher Kaufman and Jonathan Stempel)

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