On another Monday in late October, 25 years ago, the financial world seemed to disintegrate in a heartbeat. Though the 205-point drop in the Dow last Friday (the technical anniversary of the ’87 Crash) was somewhat reminiscent of its 108-point drop on Friday, October 16, 1987, the real action in ’87 was on the Monday that followed. While this Monday was not nearly as black, it is important that we use the opportunity to recall the circumstances that nearly sent the stock mar...
On another Monday in late October, 25 years ago, the financial world seemed to disintegrate in a heartbeat. Though the 205-point drop in the Dow last Friday (the technical anniversary of the ’87 Crash) was somewhat reminiscent of its 108-point drop on Friday, October 16, 1987, the real action in ’87 was on the Monday that followed. While this Monday was not nearly as black, it is important that we use the opportunity to recall the circumstances that nearly sent the stock mar...
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