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Raycom owned and/or provided services for 65 television stations and two radio stations across 44 markets in 20 states. Raycom, through its Community Newspaper Holdings subsidiary, also owned multiple newspapers in small and medium-sized markets throughout the United States.
Crude oil, a major export of Russia, declined in price by nearly 50% between its yearly high in June 2014 and 16 December 2014. The second was the result of international economic sanctions imposed on Russia following Russia's 2014 annexation of Crimea and the subsequent Russo-Ukrainian War .
A few months later, Long-Term Capital Management collapsed after its saw the value of its trades drop 50% as a result of Russian currency devaluations and a flight to US treasuries. In late 1998, Albourne released a report stating that investors should avoid Madoff Investment Securities.
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