A First-Class Catastrophe Lib/E (Audiobook)

from Illiniguy71

This is the story of the biggest one-day stock market drop in history. Monday, October 19, 1987 the Dow Jones index dropped 508 points. This huge drop did not cause a depression, but the whole financial structure of the western world was unsteady for the next couple of years and remains fragile t...

from thoughtbox

A first-class book on the flash crash of 1987, which didn't happen nor recover quite as quickly as everyone remembers. Extensively well-researched, the author takes pains to lay out the likely causes and impetuses for the big day without seeming to lay the blame unfairly on any given sector. I wa...

from lpmejia

I was only a teenager when "Black Monday" happened in 1987, and I've always been curious about the circumstances that led to it. After reading Henriques' book, I have a deeper understanding of both it and the subsequent financial crisis of 2008. This book is both informative and entertaining, as ...

from ehousewright

I have no background in the information presented here, so can't critique the facts and narrative. That said, I found the book fascinating, well written and informative. It is clear from the title that the book will end up with the huge stock market crash of 1987, but the author presents the back...

from Matthew1982

First things first: You do not have to perfectly understand high finance to understand this book. It certainly helps if you know the differences between stock index options, future contracts, thrifts and physical commodities (among many other things), and how they all interact with each other, bu...