Dow Drops over 700 October 15, 2008 September retail sales are grim, and a report on manufacturing in the New York area shows a sharp contraction. Crude oil falls below $75….
Global sell-off panic hits US October 10, 2008 U.S. stocks plummeted this morning, for the eighth day in a row of ugly losses. At 9:38 a.m. ET, the Dow Jones Industrial Average…
Market Meltdown: Black Friday Triggers Largest Loss in 21 Years, Investors Brace for Worse and Cry for Help October 10, 2008 If ever there was a setup for a Black Friday on Wall Street, this is it. Realistic Assessment of Risks We can hope it…
Dow Jones – The Crash of 2008 October 9, 2008 The Crash of 2008 crushes stocks in a wild last hour of trading. The Dow’s loss tops 7%; the S&P 500 drops 7.6%. Investors…
At one point the TSX falls below 10,000 October 6, 2008 The S&P/TSX composite index has fallen below the psychologically significant 10,000 point mark for the first time in more than three years. The last…
Lehman Files for Biggest Bankruptcy in American History, rumors of warnings with AIG and Citibank and the coming market meltdown September 15, 2008 Sept. 15 (Bloomberg) — Lehman Brothers Holdings Inc., the fourth-largest U.S. investment bank, succumbed to the subprime mortgage crisis it helped create in the…
