Pop Quiz: October's Nightmares on Wall Street

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Bronze scupture by George Segal, When people think of October terrors, the first things to come to mind are usually the Halloween ghosts and ghouls that prowl surburban streets in search of tricks and treats. But the biggest, most frightening horrors aren't the ones on Elm Street -- they're the ones on Wall Street. After all, in addition to Columbus Day and Halloween, October tends to bring more than its fair share of stock market crashes and brutal recessions.

In honor of Black Monday 1987 and Black Monday 1929 -- not to mention the many other depressions and recessions that began in October -- we bring you the October recession/depression quiz. If you've ever wondered what causes recessions, how we survive them, and how they end, take our quiz and find out!



Bruce Watson is a senior features writer for DailyFinance. You can reach him by e-mail at bruce.watson@teamaol.com, or follow him on Twitter at @bruce1971.

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Bill Miller

Theres no section to vote BOTH.

October 15 2012 at 12:06 AM Report abuse rate up rate down Reply
Mark

"In 2010 the DJIA will have it's first 1000 point down day in history" Mark A. Grimaldi, January 2010 The Navigator Newsletters

October 14 2012 at 6:42 PM Report abuse +1 rate up rate down Reply
Dean Parisian

I cut and stacked a face cord of firewood and left it at my rural hunting shack so it would be there for deer season. It got swiped by some lowlife.

I put a basket of Snickers bars out on Halloween with a note for each child to take just one so there's enough for everyone. Some kid dumped the whole basket in their bag.

A North Dakota wheat farmer left a cash balance in his account at MF Global and The Honorable John Corzine helped himself to it.

October 14 2012 at 4:43 PM Report abuse rate up rate down Reply
generalp2

The Flash Crash was NEVER investigated by the SEC. It cost me and manby others thousands of dollars (those who had stop losses in place, the low price points hit, selling my stock, and then the market shot back up and I could not buy the stock back at the low price.). The SEC should have mandated a rollback on all the sales that day but they didn't. Also, by the way, the SEC claimed it occurred on only one day for a short time period but that is NOT true. I noticed some strange movements on the day before. The markets are RIGGED and highly dangerous for individual investors.

October 14 2012 at 1:38 PM Report abuse rate up rate down Reply
1 reply to generalp2's comment
bd189

have you ever noticed the bear & bull market scenarios that occur with whether the afc or nfc dominate the super bowl? during the dolphins and steelers dynasties of the 70s was the oil embargo recession, the cowboys 49ers dynasties was the silicon valley microsoft bull market and the patriots dynasty was the housing bubble growing. 4 of the last 5 have been won by nfc teams so what plans do the bilderbergs have for us now? and will we figure it out soon enough to cash in big?

October 14 2012 at 3:04 PM Report abuse rate up rate down Reply
jaysc219

We can't trust the market. It appears to be rigged so only the rich get richer.

October 14 2012 at 1:08 PM Report abuse rate up rate down Reply
frank1946

Cost and Availibility of Capital determine the success or failure of Nation States.

So why do Governments Tax Capital ? Tax Profits and Salaries not Capital.

Tax the Apples, NOT the Trees !

October 13 2012 at 10:32 AM Report abuse +1 rate up rate down Reply