Faculty News

Professor Richard Sylla discusses the temporary shutdown of China's stock market

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Excerpt from CNNMoney -- "America almost had its own market meltdown like what China is experiencing. During the panic of 1907, the head of the New York Stock Exchange wanted to shut the market down. The only reason he didn't was because John Pierpont Morgan (aka J.P. Morgan) was right across the street and told him that it would be a terrible idea and cause more panic, says Sylla."

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