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They argued that the Great Depression was caused by the banking crisis that caused one-third of all banks to vanish, a reduction of bank shareholder wealth and more importantly monetary contraction of 35%, which they called "The Great Contraction". This caused a price drop of 33% .
t. e. Agent Orange is a chemical herbicide and defoliant, one of the tactical use Rainbow Herbicides . It was used by the U.S. military as part of its herbicidal warfare program, Operation Ranch Hand, [1] during the Vietnam War from 1961 to 1971. [2] It is a mixture of equal parts of two herbicides, 2,4,5-T and 2,4-D.
That day, the share price of Enron decreased to $20.65, down $5.40 in one day, after the announcement by the SEC that it was investigating several suspicious deals struck by Enron, characterizing them as "some of the most opaque transactions with insiders ever seen".