November 9, 1998
A U.S. federal judge, in the largest civil settlement in American history, orders 37 U.S. brokerage houses to pay US$1.03 billion to cheated NASDAQ investors to compensate for price fixing.
Commentary
Commentary
On November 9, in the year 1998:
A U.S. federal judge, in the largest civil settlement in American history, orders 37 U.S. brokerage houses to pay US$1.03 billion to cheated NASDAQ investors to compensate for price fixing.
Nasdaq Stock Market is an American stock exchange.
Why November 9, 1998 matters:
A U.S. federal judge, in the largest civil settlement in American history, orders 37 U.S. brokerage houses to pay US$1.03 billion to cheated NASDAQ investors to compensate for price fixing.
What began on this day left a lasting mark on history. The effects were felt immediately and continued to shape events, ideas, and lives long afterwards.
Historical context: November 9, 1998
The 20th century brought rapid advances in health, communication, science, and technology that reshaped everyday human experience.
The event on this day: A U.S. federal judge, in the largest civil settlement in American history, orders 37 U.S. brokerage houses to pay US$1.03 billion to cheated NASDAQ investors to compensate for price fixing.
Source: https://en.wikipedia.org/wiki/Nasdaq (Wikipedia, CC BY-SA)
Sources: Wikipedia (CC BY-SA)
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