60 Famous Bankruptcies Trivia Questions with Answers

60 public questions with answers, drawn from the well. How many can you answer?

Easy Easy difficulty.
Famous Bankruptcies

Which American airline filed for bankruptcy in 1991 after decades as a symbol of transatlantic travel?

Answer

Pan Am

Easy Easy difficulty.
Famous Bankruptcies

Which telecommunications company filed for bankruptcy in 2002 after one of the largest accounting frauds in U.S. history?

Answer

WorldCom

Hard Hard difficulty.
Famous Bankruptcies

Which U.S. railroad company filed for bankruptcy in 1970, leading to the creation of Conrail?

Answer

Penn Central

Hard Hard difficulty.
Famous Bankruptcies

Which British bank collapsed in 2008 after becoming the first UK bank to receive emergency support since 1973?

Answer

Northern Rock

Easy Easy difficulty.
Famous Bankruptcies

Which cryptocurrency exchange filed for Chapter 11 bankruptcy in the United States on November 11, 2022?

Answer

FTX

Intermediate Intermediate difficulty.
Famous Bankruptcies

Which British holiday company became the subject of the United Kingdom’s largest peacetime repatriation after its 2019 collapse?

Answer

Thomas Cook

Easy Easy difficulty.
Famous Bankruptcies

Which trader’s unauthorized deals caused Barings Bank to collapse into bankruptcy in 1995?

Answer

Nick Leeson

Intermediate Intermediate difficulty.
Famous Bankruptcies

Which U.S. bank’s 2008 collapse was the largest bank failure in American history?

Answer

Washington Mutual

Easy Easy difficulty.
Famous Bankruptcies

Which U.S. automaker filed for Chapter 11 bankruptcy on June 1, 2009?

Answer

General Motors

Easy Easy difficulty.
Famous Bankruptcies

Which energy company filed for bankruptcy in December 2001 after an accounting scandal?

Answer

Enron