Here’s the draft of my SmartMoney.com column, that will appear later today. Now it can be told! Twenty years after the great stock market crash of October 19, 1987, when the Dow Jones Industrial Average fell by more than 22% in a single day, the truth about why it happened can now be revealed. And believe me, I know what really happened. Because I caused the crash myself. Yep, it was me. With a little help from my some bad judgment, some colossal mistakes, and some outright criminality.Back then I ran portfolio management and trading for Wells Fargo Investment Advisors[...]
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[Source: The Money Blogs]
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