List of notable business failures

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The following is a list of notable business failures, known either for marking the end of a well-known brand, for criminal proceedings associated with their demise (often fraud or other corporate crime), or for causing significant financial problems (or suffering from them). The list is ordered by year, starting with the most recent.

Year Name 2006 Tower Records Farepak (European Home Retail) Humbrol Air Wales Golden Wonder Tiger Telematics 2005 MVC All:sports [1] Granville Technology Group[1] EUjet Red Letter Days MG Rover Jetsgo Corporation Allders 2004 Courts Plc [2] Auction World.tv 2003 IG Farben Bethlehem Steel Parmalat The Accident Group [3] 2002 Tyco International Arthur Andersen Railtrack Global Crossing Claims Direct [4] ITV Digital Swissair WorldCom KPNQwest/EBONE [5] 2001 Enron Corporation HIH Insurance One.Tel Ansett Montgomery Ward Sabena TWA Webvan Bethlehem Steel Canada 3000 2000 Equitable Life Pixelon [6] Lernout & Hauspie Boo.com Urban Bank 3dfx

Year Name 1999 Daewoo 1998 Long-Term Capital Management 1997 Bre-X Minerals Nissan Mutual Life Insurance 1996 Fokker Escom 1995 Barings Bank 1994 Confederation Life [7] 1993 Ferranti 1992 Olympia and York Maxwell Communication Corp. 1991 BCCI Eastern Air Lines Pan Am Lewis's 1990 Drexel Burnham Lambert Pyramid Building Society 1987 Zzzz Best First Jersey Securities 1983 De Lorean 1982 Braniff International Airways Laker Airways Penn Square Bank 1980 Ontario Motor Speedway 1979 Dixie Square Mall 1975 United Fruit 1971 Rolls-Royce Limited 1970 Penn Central 1964 Wales West and North Television 1958 Edsel 1948 Tucker Corporation 1866 Overend, Gurney and Company 1829 The Sunday Advertiser 1720 South Sea Company

[edit] Notes

[edit] Bibliography

• Deeson, A.F.L. (1972). Great Company Crashes. London: Foulsham. ISBN 0-572-00833-3.