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In December 2008, Bernard Madoff told two senior employees that his business was "all just one big lie" – according to the SEC.

Money History, Episode 11: six complaints, five SEC reviews, and one phone call to the Depository Trust Company that nobody made.

Full story with a om public institutions:
app.slicyfolio.com/wiki/madoff-po…

Narrated with a synthetic voice. Education only, not investment advice.
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On March 9, 2023, more than $40 billion left Silicon Valley Bank in a single day. Ten days later, Credit Suisse was taken over by UBS.

Money History, Episode 10: two bank failures, a run fuelled by social media, and what happened to depositors, shareholders and AT1 bondholders.
line and sources from public institutions:
app.slicyfolio.com/wiki/svb-and-c…

Narrated with a synthetic voice. Education only, not investment advice.
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In October 1907, the United States had no central bank. When panic hit New York, the country turned to one banker: J.P. Morgan.

Money History, Episode 9: the Panic of 1907 – a failed copper corner, a run on the Knickerbocker Trust, and the crisis that led to the Federal Reserve.
line and sources from public institutions:
app.slicyfolio.com/wiki/panic-of-…

Narrated with a synthetic voice. Education only, not investment advice.
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In 1633, a house in the Dutch town of Hoorn was exchanged for three rare tulips.

By February 1637, at an auction in Haarlem, nobody would bid at all.

Money History, Episode 8: tulip mania – promissory notes, borrowed money and a futures market run from taverns.

Full story with from public institutions:
app.slicyfolio.com/wiki/tulip-man…

Narrated with a synthetic voice. Education only, not investment advice.
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On September 15, 2008, Lehman Brothers filed for bankruptcy. The next day, the Fed stepped in to support AIG.

Money History, Episode 7: how a housing boom turned into the longest US recession since World War II – and what investors can take from it.

Full story with a timeline institutions:
app.slicyfolio.com/wiki/lehman-br…

Narrated with a synthetic voice. Education only, not investment advice.
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In January 2001, Enron shares traded at over $80. Before the year was out, Enron had filed for bankruptcy and its stock was virtually worthless.

Money History, Episode 6: the collapse of Enron – off-balance-sheet partnerships, a scheme to deceive investors, and the warning a timeline and sources from public institutions:
app.slicyfolio.com/wiki/enron-col…

Narrated with a synthetic voice. Education only, not investment advice.
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In 2011, the Swiss National Bank promised to defend a floor of 1.20 francs per euro "with the utmost determination."

On January 15, 2015, it ended it. The main Swiss stock index fell almost 9% that day.

Money History, Episode 5: the end of the Swiss franc floor – and what a worth.

Full story with a timeline and sources from public institutions:
app.slicyfolio.com/wiki/end-of-th…

Narrated with a synthetic voice. Education only, not investment advice.
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On October 28 and 29, 1929, the Dow Jones fell nearly 13% – and then nearly 12% more.

By July 1932 it was 89% below its peak. It took until 1954 to recover.

Money History, Episode 4: the Crash of 1929 – borrowed money, a failed rescue, and how a market crash became the Great with a timeline and sources from public institutions:
app.slicyfolio.com/wiki/crash-of-…

Narrated with a synthetic voice. Education only, not investment advice.
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On September 16, 1992, the British government spent the day defending the pound – and lost.

By the evening, the UK had crashed out of the European Exchange Rate Mechanism.

Money History, Episode 3: Black Wednesday – why a currency peg holds only as long as markets believe in timeline and sources from public institutions:
app.slicyfolio.com/wiki/black-wed…

Narrated with a synthetic voice. Education only, not investment advice.
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On October 19, 1987, the Dow Jones lost 22.6% in a single day – the largest one-day stock market decline in history.

The selling started in Asia before New York even opened.

Money History, Episode 2: Black Monday – what led up to it, why the selling fed on itself, and how the tory with a timeline and sources from public institutions:
app.slicyfolio.com/wiki/black-mon…

Narrated with a synthetic voice. Education only, not investment advice.
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In 1944, 44 nations tied the world's money to the US dollar – and the dollar to gold at $35 an ounce.

On August 15, 1971, one TV announcement ended it.

Money History, Episode 1: the Bretton Woods system – how it worked, why it cracked, and what investors can take from it.

Full nd sources from public institutions:
app.slicyfolio.com/wiki/bretton-w…

Narrated with a synthetic voice. Education only, not investment advice.
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