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The stock market crash of October 1987 - known as Black Monday - turned out to be extremely fortunate timing for Risk magazine. Investors were left reeling from the nose-dive in stock markets around the globe, with the Dow Jones Industrial Average plummeting by 22.61% on October 19 - the largest single-day percentage decline since 1914. At that time, Risk was in the final stages of preparation for its launch. By the time the first issue hit trading desks in December 1987, risk management had
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