This Day in Failure: April 16

2009: With $27.3 billion in debts, General Growth Properties of Chicago declares Chapter 11 bankruptcy, making this the largest real estate bankruptcy filing in U.S. history.

1992: The House ethics committee names 303 U.S. lawmakers who had overdrawn their House bank accounts.

1947: The French ship Grandcamp, with a cargo of ammonium nitrate fertilizer, catches fire and explodes at Texas City, Texas, killing 576 people.