Financial History

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Black Monday: Understanding the Impact and Lessons Learned
Discover the causes, aftermath, and key lessons from the infamous Black Monday stock market crash to understand how financial markets react under extreme conditions.
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Michael Milken: A Life of Redemption from Junk Bonds to Philanthropy
A deep dive into the life of Michael Milken, whose revolutionary work with junk bonds in the late 20th century made him one of Wall Street's most contentious figures, and how he transformed his legacy through significant philanthropic efforts in education and medical research.
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Understanding Tontines: The Financial Blueprint for Lifetime Earnings
This article explores the concept of tontines, how they historically functioned as a capital-raising technique, their impact in various regions including the U.S., and their potential modern-day revival.
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Unlocking the 3-6-3 Rule: The Golden Era of Simple Banking
Dive into the historical significance of the 3-6-3 Rule that governed the banking industry during the mid-20th century. Understand its impact and the transformations that led to the complex financial landscape we navigate today.