TOKYO -- On Oct. 19, 1987, the U.S. stock market crashed in what would come to be known as Black Monday. The Dow Jones Industrial Average plummeted 22%, surpassing the panic of 1929.
From Fed's Greenspan to BOJ's Ueda, investor-friendly moves often take a toll
Central bank moves to aid stock prices risk sowing the seeds of future market instability. © Reuters
TOKYO -- On Oct. 19, 1987, the U.S. stock market crashed in what would come to be known as Black Monday. The Dow Jones Industrial Average plummeted 22%, surpassing the panic of 1929.