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The 33 biggest corporate implosions of all time. We like that they included The South Sea Company, whose stock price collapsed after reaching an artificially inflated peak in the 1720. It was called the "South Sea Bubble" and its collapse sent many investors, who had purchased the stock on credit, into bankruptcy. [HR World]
The 33 biggest corporate implosions of all time. We like that they included The South Sea Company, whose stock price collapsed after reaching an artificially inflated peak in the 1720. It was called the “South Sea Bubble” and its collapse sent many investors, who had purchased the stock on credit, into bankruptcy. [HR World]
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