When billions vanish
and markets collapse.
Short, narrated stories about the biggest frauds, crashes, and market disasters — told in under 5 minutes. Watch the video or read the story.
Wirecard: The Missing €1.9 Billion (2020) - QuickFinanceStories
For years, Wirecard was Germany's fintech darling. A payments company that was supposed to be Europe's answer to PayPal. Valued at over 24 billion euros. A member of the prestigious DAX 30 index. There was just one problem. 1.9 billion euros of its cash didn't exist. This is the story of one of the biggest corporate frauds in European history.
JPMorgan’s London Whale: The $6B Hedge Gone Wrong (2012) - QuickFinanceStories
His name was Bruno Iksil. Traders called him "The London Whale" because his positions were so massive, they moved entire markets. He worked for JPMorgan…
The 2010 Flash Crash: 36 Minutes of Market Mayhem - QuickFinanceStories
On May 6th, 2010, the stock market did something no one thought possible. It crashed nearly 1,000 points in minutes. Then recovered almost…
Long-Term Capital Management: When Genius Met Leverage (1998) - QuickFinanceStories
They called it the smartest hedge fund on Wall Street. Two Nobel Prize winners. A team of PhD…