Continuing from the earlier snippet about the Dot Com Collapse... this is a continuing piece from the forthcoming book. (feedback welcome) The collapse had been foreseen by a shrewd few. In early December 1996, Alan Greenspan, the Chairman of the US Federal Reserve, attended a dinner in his honor at the American Enterprise Institute. After … Continue reading The bubble… (eBay, Amazon, Netscape, Webvan, Pets.com…)
Tag: NASDAQ
The tulip, NASDAQ, and the dot-com crash
I'm studying the dot-com crash for the book... (the image is the Pets.com sock puppet) From 1634-1637 a wave of enthusiasm and investment swept the Dutch Republic, the object of which was the tulip. At home, the tulip was becoming an important element of Turkish court culture, to the extent that the Sultan of the … Continue reading The tulip, NASDAQ, and the dot-com crash