Twenty years ago today, the Dow Jones Industrial Average took a nosedive, plummeting over 500 points in one day. The 1987 crash was the largest single day drop in stock market history, resulting in a nearly 23% decline, which in turn triggered stock market crashes around the world. Because so many factors contributed to the crisis, to this day,
Many Gekko "Greed is Good" investors from the late '80s lost their tailored shirts that day. CrackedPot remembers news coverage of distraught investors leaping from their high rise corner offices, or of unhinged investors shooting their brokers.
No comments:
Post a Comment