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A First-Class Catastrophe: The Road to Black Monday, the Worst Day in Wall Street History

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The definitive history of the 1987 market crash known as Black Monday, by the New York Times–bestselling author of The Wizard of Lies: "Compelling." —Burton Malkiel, The Wall Street Journal

On October 19, 1987, the Dow fell 22.6 percent—almost twice as bad as the worst day of 1929, and equal to a one-day loss of nearly 10,000 points today. Black Monday was more than seven years in the making and threatened nearly every US financial institution. Drawing on superlative archival research and d...