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…
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…