Prof. Richard Sylla recalls 1987's Black Monday
October 22, 2012
Excerpt from Fox Business -- "'It was chaos. People who were in the markets were shell-shocked,' said Richard Sylla, an economics professor and financial historian at NYU. 'If you were lucky enough to get through on the phone to your broker, you didn’t really know what happened. Your order was behinds hundreds and thousands of other transactions.'"