20 of the Corporate World’s Biggest Losers

The last year has not been a good one for the corporate world. Many world companies have lost a great deal of money. CNN Money and Fortune have put together a list of the 20 biggest losers in the Global 500 . Here they are:

1. Fannie Mae



2. Royal Bank of Scotland
3. General Motors
4. Citigroup
5. UBS
6. ConocoPhillips
7. Ford Motor
8. HBOS
9. Time Warner
10. Pemex
11. Delta Air Lines
12. Hypo Real Estate holding
13. Hitachi
14. Alcatel-Lucent
15. Credit-Suisse
16. BayernLB
17. LynondellBasell Industries
18. Flextronics International
19. Mizuho Financial Group
20. Deutsche Bank

Looking at the list, it’s not too hard to figure out why they are here. And it’s not much of a surprise that Fannie Mae is the biggest loser of all.

Image credit: spike55151 via Flickr