Thursday, April 12, 2012

10 Biggest U.S. Corporations: 1812 vs 2012


In 1812, they were mostly banks:
  1. Bank of the United States
  2. Bank of America
  3. State Bank
  4. Bank of Pennsylvania
  5. City Bank of New York
  6. Farmers Bank of Virginia
  7. Philadelphia Bank
  8. Manhattan Company
  9. American Fur Company
  10. Boston Bank
NPR has the story.  Of these, the Bank of America is still hanging in there, 200 years later--here is the list for 2011 from Forbes:

  1. Wal-Mart Stores
  2. Exxon Mobil
  3. Chevron
  4. ConocoPhillips
  5. Fannie Mae
  6. General Electric
  7. Berkshire Hathaway
  8. General Motors
  9. Bank of America
  10. Ford Motor

Of these, three were bailed out in 2009-2010: Fannie Mae ($400 billion), General Motors ($50 billion), and ...wait for it...Bank of America (about $120 billion).

In 2012, which of these will be off the top ten list?


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