The first followed the Panic of 1837, which triggered downturns in states that had invested in canals and railroads, or that had insolvent state - run banks (this latter problem is echoed by Puerto Rico, whose Government Development
Bank is in deep trouble).
Click here to see many more cases where
the banks are in deep trouble for fraudulent activities.
Not exact matches
I hope the large Canadian
banks don't take over the ETFs like they have retail
banking, brokerage, creditcard and insurance businesses (Manulife and Sunlife
are in deep trouble).