Fun Fact of the Day, January 18, 2019

January 18, 2019

Japan Crash in 2006 - On this date in 2006, following a crash of the Japanese Nikkei share index, the exchange suspended share dealing at 1440 local time. The selling pressure is mostly a result of the Livedoor investigations, following allegations the company had violated Japanese securities laws and possible fraud. In 2007 Livedoor's founder Takafumi Horie was found guilty and sentenced to 2.5 years in jail. 

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