The Impact of 2008 Financial crisis on 20 biggest Bankruptcies in U.S History

1 min read

Conducting business comes with its own set of risks, plans sometimes pan out while failing miserably on other occasions. This doesn’t mean just because there is a certain risk involved you don’t try. Risk is directly related to the rewards so bigger the risk, higher the rewards. Same holds true on the other side. Sometimes the risks are so big that they cause the demise of the underlying business, as we see in 20 of the biggest Bankruptcies in the U.S history (infographic below). Ironically though, it is not always the Risk-taking that can undo a business – unanticipated instances…...

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Faisal Khan Faisal is based in Canada with a background in Finance/Economics & Computers. He has been actively trading FOREX for the past 11 years. Faisal is also an active Stocks trader with a passion for everything Crypto. His enthusiasm & interest in learning new technologies has turned him into an avid Crypto/Blockchain & Fintech enthusiast. Currently working for a Mobile platform called Tradelike as the Senior Technical Analyst. His interest for writing has stayed with him all his life ever since started the first Internet magazine of Pakistan in 1998. He blogs regularly on Financial markets, trading strategies & Cryptocurrencies. Loves to travel.