He also opened the S&P pit on the CBOE on Black Monday, the crash of 1987, which remains the biggest dislocation (and vol event) in the history of all financial markets. (mauldineconomics.com)
Admittedly, this is probably the most extreme example in the history of financial markets (leaving aside completely non-recoverable situations such as Dutch tulips), but it happened just a few years ago in a country that is a member of both the EU and euro zone. (acting-man.com)
From Dutch tulip mania in the 1630s to the Icelandic boom and burst of the early 2000s, the history of financial market bubbles has been long and inglorious. (tradingfloor.com)