Today, 38 years ago, on October 19, 1987 (Calendar, August 27, 1987), the Black Monday World Stock Market crash and collapse became a shocking headline in the newspapers The London Stock Market strongly felt the power of this crash. The New York Stock Exchange market remained a long-running bull market fell astonishingly on Monday, October 19, 1987, and the Dow Jones Industrial Stock Index fell by an average of 508 points, a drop of 22 percent, and the total value of the stock dropped in a day was shocking ¨C twice as much as the total value fell when the 1929 Wall Street collapse. In the chaos, stocks worth more than $600 million were sold out. The shock in the New York Stock Exchange was felt even in Tokyo and London. The London FT Index slipped by 25 points, threatening the government¡¯s private investment in British oil