Stock Markets Exposed
Causes of the Stock Market Crash of 1987?
What were the main causes of the stock market crash of 1987? Who were the major people and firms responsible for the crash?
Public Comments
- Similar to what happened with the recent real estate market crash. 1987 was a bull market that had been fueled by Junk bonds, hostile takeovers, leveraged buyouts and merger mania. It was out of control and once again reality came in and down the tub it went. Some of those involved got thrown in jail too. Below is one link that will give you a brief summary. Hope this helps. Good luck
