RainbowEx and their incredible "Homer Simpson-style" exit
Yesterday, October 13, RainbowEx announced that to recover their money, investors must pay $88 to open a "new account." It sounds like a Homer Simpson-esque remark: "Well, by digging."
Acceso Oeste: A 32 Años de sus Inicios
On September 28, 1993, the Argentine Ministry of Economy and the Autopistas del Oeste (Western Highway) signed a concession contract, under which the private company was to build, improve, repair, conserve, expand, remodel, maintain, manage, and operate the Western Access Highway, which at the time extended from Morón to Luján.
The Incredible IPO of Comsat, the Leading Satellite Company
On June 2, 1962, Comsat launched its initial public offering (IPO), a key player in the history of the aerospace industry. Learn more about this unique company.
The Shocking Bankruptcy of Overend Gurney & Co: 7 Lessons for Investors Today
On May 11, 1866, Overend Gurney & Co. went bankrupt, an event that would impact the English banking system. Discover what we can learn more than 150 years later.
The Suez Canal: 125 Years of the Incredible Engineering Feat
On April 25, 1859, construction began on the Suez Canal, a project that would positively impact the global economy. Discover its fascinating history.
The Notable Panic of 1864 on the New York Stock Exchange
On April 18, 1864, panic broke out on the New York Stock Exchange when a well-known speculator fell from grace. Discover who it was and the effects of the Panic of 1864.
Sasetru: The Shocking Rise and Fall of the Argentine Company in 1981
On March 9 and 10, 1981, the Sasetru Group, a leading Argentine food company, declared bankruptcy. Let's look at the history of this once model company, which later fell into disgrace.
The Terrifying Flight 3407: The Air Tragedy That Shook Wall Street
The February 12, 2009, crash of Continental Airlines Flight 3407 was shocking not only because of the loss of life, but also because it sent shockwaves through the airline industry and Wall Street. Learn how this tragic event led to safety reforms and transformed the game for airlines.
Founding of the Bank of North America in 1782. Its memorable history
The Bank of North America, founded in 1782, was key to financing U.S. independence and laid the foundation for the modern financial system. Let's look at its history.
The Ponzi Scheme: They Look Like Investments, But They Aren't
How to protect yourself from the scams that abound today
Lessons from Warren Buffett in a new edition of the “Woodstock of Capitalism”
Once again, the Berkshire Hathaway shareholders' meeting was held in the city of Omaha, Nebraska, USA.