Category
Crashes
4 stories
Crashes · 1998
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…
1998
Crashes · 2008
How Volkswagen Became the Most Valuable Company in the World - By Accident (2008 Short Squeeze)
In 2008, at the height of the financial crisis, something happened on the German stock market that no one expected — and most hedge funds would prefer to…
2008
Crashes · 2010
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…
2010
Crashes · 2012
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…
2012