Sound Familiar? A Personal Reminiscence of 1987

I remember Black Monday of 1987 well. It was a nice October day. I was working as a bartender at the Magnolia Cafe in Center City Philly. I had left Wall Street 3 years earlier. Then in May of 1987, after the first leg of the 1987 bond market crash, I was fired from my job as a mortgage broker. I wasn't the first of my colleagues to be let go, nor was I to be the last. It was a bad scene in the real estate business that year.

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