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List of corporate collapses and scandals


A corporate collapse typically involves the insolvency or bankruptcy of a major business enterprise. A corporate scandal involves alleged or actual unethical behavior by people acting within or on behalf of a corporation. Many recent corporate collapses and scandals have involved false or inappropriate accounting of some sort (see list at accounting scandals).

The following list of corporations involved major collapses, through the risk of job losses or size of the business, and meant entering into insolvency or bankruptcy, or being nationalised or requiring a non-market loan by a government.

Investors were paid returns out of their own money or that of other investors rather than from profits.

Madoff told his sons about his scheme and they reported him to the SEC. He was arrested the next day.


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