The stock market crash of 1987 is often overlooked these days when the current economic crisis is debated. The major reason for this I suspect is that the crash of that year was driven by factors much different to those driving the current stock market falls. However it is still very interesting to reflect on the events of 1987 and consider how much and how little the operations of the financial markets have changed over the last 20 years.
Search Results for 1987 recession
The stock market crash of 1987 – a time to reflect.
May 13th, 2009 · 5 Comments
Tags: Investing · Stockmarket
Gordon Gekko made a lot of fictional sense.
March 9th, 2009 · 4 Comments
First let’s be clear, Gordon Gekko is a fictional character from the 1987 movie Wall Street. I state this upfront because you would swear that he really existed by the way some journalists seem to write about him these days and use him as a example of what they feel is wrong with the free market economy. But the Gordon Gekko character also put the spotlight on poor corporate management and ineffective boards and judging by recent events, it seems little has changed in 20 years.
Tags: Opinion
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