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Jul 22, 2024 · “Yuppies’ last rites readied” was the headline in the Times after Black Monday. “Sunset for Yuppies” was the headline in USA Today. Obituaries for the yuppie began to appear—notably ...
- Louis Menand
Black Monday (also known as Black Tuesday in some parts of the world due to time zone differences) was the global, severe and largely unexpected [1] stock market crash on Monday, October 19, 1987. Worldwide losses were estimated at US$1.71 trillion. [2] The severity of the crash sparked fears of extended economic instability [3] or even a ...
Sep 22, 2008 · A few months after Black Monday, Newsweek declared the yuppie extinct, and various commentators have been writing obituaries ever since, the most powerful of which was a novel called American ...
- Contributor
Oct 19, 2017 · AFP. Thirty years ago investors were stunned as global stock markets collapsed like a chain of dominos. The day became known as Black Monday as months and years of share price rises were reversed ...
Oct 19, 2017 · It wasn't a game but it wasn't easy to explain, either. It was a wake-up call for a lot of people. "The market was overinflated to hell. You couldn't believe what happened in the '80s. People were ...
Black Monday - 13 November 1987 A month or so ago, after the first bouts of rocketing stock markets in New York, Tokyo, London, Hong Kong, there was a newspaper despatch from London that was at ...
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Aug 22, 2012 · On the morning of November 23, 1992, a Manchester film crew – led by one Tosh Ryan – got a phonecall tip-off alerting them to the fact that Factory Records was going to go into receivership ...