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Investors remember that 'surreal' day. (cover story)

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  • المؤلفون: Cooper, Jay; Burr, Barry B.
  • المصدر:
    Pensions & Investments. 10/1/2007, Vol. 35 Issue 20, p1-49. 3p. 2 Color Photographs.
  • معلومة اضافية
    • الموضوع:
      Stock Market Crash, 1987; Investors; Rubinstein, Mark; Gross, William H. (William Hunt), 1944-
    • الموضوع:
      United States
    • نبذة مختصرة :
      The article discusses the experience of several investors affected by the U.S. stock market crash that took place on October 19, 1987. Mark Rubinstein of Leland O'Brien Rubinstein Associates, says that it was the largest stock market crash in history because it forced pension funds to sell stock-index futures even though liquidity had evaporated. Another investor William Gross remembers staring at the television screen watching equity prices drop and disregarding the bond market.