Word: exchangee
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Although none are openly licking their wounds, the losses are believed to have affected a number of stalwart hedge funds. Commentators across the board blamed Porsche for causing chaos on the Frankfurt Stock Exchange this week. The daily Die Welt called Porsche the biggest German hedge fund, and criticized Germany...
Now that it looks like Harvard students have a better chance of becoming a porn star (hey, Matthew DiPasquale!) than an investment-banking analyst, many have set their sights on the coveted world of consulting. But to enter this land of expense accounts and luxury hotel stays one must first...
Seventy-nine years ago this week, the New York Stock Exchange experienced the worst financial panic the country had ever seen. There have been more crashes since - with bigger numbers and bigger losses - but nothing quite rivals the terror and devastation of Black Tuesday: October 29, 1929.
In the last hour of trading on Thursday, Oct. 23, 1929, stock prices suddenly plummeted. When the closing bell rang at 3 p.m. people were shaken. No one was sure what had just happened, but that evening provided enough time for fear and panic to set in. When the market...
As the story goes, the opening bell was never heard on Black Tuesday because the shouts of "Sell! Sell! Sell!" drowned it out. In the first thirty minutes, 3 million shares changed hands and with them, another $2 million disappeared into thin air. Phone lines clogged. The volume of Western...