This Day In Market History: Collapse Of The Albanian Ponzi Schemes
Published on: Tuesday 25 January 2022
Each day, Benzinga takes a look back at a notable market-related moment that happened on this date. What Happened? On Jan. 25, 1997, a series of huge Ponzi schemes in Albania simultaneously collapsed. Where Was The Market? The S&P 500 was trading at 765.02 and the Dow Jones Industrial Average was at 6660.69.
