Comments on: The 25 Worst Business Failures in History

By: Steve

Steve — Wed, 17 Feb 2010 03:36:33 +0000

Uh, you guys may want to hit up snopes.com on your Dr. Atkins information, because what you have here is so grossly misleading that I can’t take any of the rest of it seriously.

By: Joshua

Joshua — Tue, 29 Dec 2009 15:19:09 +0000

You mean in america only right? Because woolworths is still a thriving company in australia, making billions and completely dominating and monopolizing the market.

By: Otto

Otto — Thu, 17 Dec 2009 16:53:20 +0000

Not *all* railroads, just a select few in the Northeast in the 1970s. Really surprised PENN CENTRAL did not make the list. Bankrupt in June 1970, it was the largest railroad in the East (over 20,000 miles of track) and was a modern “diversified conglomerate” that suffered from poor management decisions and even worse investment choices. It was the largest corporate bankruptcy in American history at the time. The Penn Central bankruptcy paved the way for the successful reorganization through Conrail, and also helped deregulate the railroad industry and make it more competitive.

By: fang

fang — Tue, 17 Nov 2009 05:34:07 +0000

How about WORLDCOMM, all the US Railroad Companies, Tyco … ?

By: Donald

Donald — Tue, 03 Nov 2009 01:34:14 +0000

etoys? (one time market cap was > Toys-R-Us!)
webvan?
Leaman Bros? 150+ year old company?
Fanne Mae? (Government Fraud)
Freddy Mac? (Government Fraud)

By: Stijn Boterberg

Stijn Boterberg — Sun, 18 Oct 2009 16:46:14 +0000

John Delorean was proven NOT guilty..

By: Vic

Vic — Tue, 13 Oct 2009 16:15:19 +0000

Wow. Great compilation of the world’s worst business failures. Any references? I really admire how you compile the article.

Technology industry (airplanes, cars, electronics and computers) are big losers in the list. Specially when a company does not apply innovation.

By: website

website — Wed, 23 Sep 2009 15:16:31 +0000

FTA (about Bethlehem Steel):

"However, the company never adjusted to the new service-based economy that gained ground in the 1990s."

What does that mean? That every company that produced a product was supposed to become service-based in the 90s??

Bethlehem Steels failure had everything to do with the cheap steel imports from other countries and poor management.

By: zebrachick4

zebrachick4 — Sat, 29 Aug 2009 03:19:10 +0000

lmao Titanic a business failure. Um…yep

Enron is the definition of business failure.

I disagree with C64 and Poloroid being failures though. Those were good for the times when they were around. They might be gone now but they had good years.

By: Comet

Comet — Fri, 28 Aug 2009 18:33:32 +0000

Hmm, probably just a bad timing for Edison Records.