Black Monday stock market crash
Citations (1)
- The House of Morgan - An American Banking Dynasty and the whole source · open book
THE parallel with the 1920s had its inevitable sequel on October 19, 1987, when the Dow Jones industrial average fell 508 points. Some $500 billion in paper value—equal to the gross national product of France—vanished, though there were no untoward scenes at the Corner or mobs of ruined investors. No stock brokers executed swan dives from high ledges.
chapter: 35. Bull