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94 billion The U. government took over ownership of Chrysler and GM in March 2009 in exchange for bailout funds to keep the two automakers open following the debacle known as the financial crisis. The feds eventually forced Chrysler to accept a merger offer from Italy's Fiat. In all, Chrysler received $12. 5 billion in federal bailouts and repaid $11. 2 billion of it. 8. MF Global © REUTERS/Brendan McDermid A man exits the office complex where MF Global Holdings Ltd have an office on 52nd Street in midtown Manhattan New York > Date of filing: October 31, 2011 > Type of filing: Chapter 11 > Asset value: $40. 54 billion MF Global Holdings was the global commodities trader run by former New Jersey Governor and U. Senator Jon Corzine. The firm got tangled up in currency trades that spooked its customers, leading to withdrawals and a cash shortage due to over-exposure to "repo" transactions, sales of securities at a given price with an agreement to buy them back at a later date for a higher price.
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