The bankruptcy filing of A&P (GAP) may be among this year’s largest, but it pales in...

|By:, SA News Editor

The bankruptcy filing of A&P (GAP) may be among this year’s largest, but it pales in size to those during the financial crisis. This year has only seen one bankruptcy by a company with more than $10B in assets: Ambac at $18.9B. Last year, 14 firms filed for Chapter 11 with assets above $10B, including General Motors (GM) at $91B.