In the early 1990s, astock and property marketcrash led to years of very low economic growth and high unemployment, and it became known as the "lost decade".
His parents lost everything in the stockmarketcrashof 1929, then became custodians at a Salt Lake apartment complex owned by a wealthy local Mormon family, the Coveys.
This forty second trading week of 2012 comes to a close with investors selling off stocks after a series of disappointing earnings reports being reported on the twenty fifth anniversary of the 1987 stockmarketcrash on Black Monday.