He predicted long before Black Monday
that the day would come when the strategies would turn a normal market downturn into [what he called] "a first-class catastrophe.
Friday's decline--the third biggest point and percentage drop this year was the 9th biggest point drop in the Dow since Black Monday
26 points), exceeding the points loss of Black Monday
Federal Reserve Chairman Alan Greenspan has described the current stock market turmoil as ''identical'' to the 1987 Black Monday
crash, the Wall Street Journal reported in its online edition Friday.
For those who findfmd index arbitarage, puts and calls and the Federal Funds market only a little less mysterious than quantum physics or transubstandation, Black Monday
is an excellent primer.
Data Processing Staff Turnover to be Lower in 1988 Still reeling from Black Monday
, Wall Street firms are exercising caution in hiring data processing personnel, according to a poll by Edward Perlin Associates, Inc.
24 was the called Black Monday
or the day when jitters over the Chinese economy-two weeks after the devaluation of the yuan-caused a global equities meltdown and dragged down the PSE index by 487.
IN the aftermath of Black Monday
, Jordan Belfort (Leonardo DiCaprio, right) loses his job and is forced to sell penny stocks at a fly-by-night operation in Long Island.
On Black Monday
, program trading moved millions of shares, and clients as well as investment houses were left wondering what their actual market positions were like for most of the day.
On Black Monday
, March 29, 1652, it was recorded in the Hart Village Parish records in relation to the burial of a John Pasmore, "There was a star appeared in the southeast, ye sun eclipsed.
JANUARY 2008: On Black Monday
pounds 77 billion was wiped off the Stock Exchange as the global economy crashed.
8 percent, the most since Black Monday
(October 19, 1987).