100 years of financial disasters

This isn't the first financial meltdown, and it won't be the last. But we are a fast-learning species, and we've figured out a few ways to cope along the way.

1 of 5
BACKNEXT
Panic of 1907
Panic of 1907
Problem:A series of bank runs, a stock market crash, and deep recession. Banker J.P. Morgan finally brought together financial leaders to halt the panic.

Outcome: Congress established America's first true central bank, the Federal Reserve System, in 1913 in the hope of preventing such panics.
NEXT: Great Depression
Last updated October 14 2008: 10:02 AM ET
Fortune 500: Stock watch Even before Monday's surge, investors were loving these Fortune 500 stocks, including discount stores, a beer maker...and a homebuilder? More
History's economic lessonsFortune's Andy Serwer says the FDR administration's actions can show officials how to handle the current economic crisis. Morevideo
Where the dollar is strong Just because your personal treasury is shrinking, it doesn't mean your travel plans should too. (So arrivederci, Milano. Hello, Marrakesh!) More

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer. Morningstar: © 2018 Morningstar, Inc. All Rights Reserved. Factset: FactSet Research Systems Inc. 2018. All rights reserved. Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor's Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2018 and/or its affiliates.