Terrible Tuesday 1987 (The Ark of Commerce, Part 6b)


Manage episode 294003133 series 1444021
By Bruce Carlson. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

For Wall Street Insiders, Black Monday was not the worst day. The next day, Terrible Tuesday was an agonizing test of the financial system. As part of our series on the commercial history of the United States, we examine the events of Tuesday the 20th. And we look at the history of insurance in America, the reasons there is a stock market, what was learned and not learned from 1987 and a few other things. A Note - We are pleased to be part of the Airwave Media Network.

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