We’ve all seen the movies and read the stories about people making millions (or billions) of dollars gambling on the stock market. While some people get lucky with their bets and do in fact get rich quickly, it takes a lot of research and a lot of money to have a real chance at navigating the market. With all the tools at their disposal, however, even the most well-versed companies have been unable to predict the market.
From single-day trades that have resulted in billion-dollar losses to economic crises that have decimated companies and forced them into bankruptcy, these are some of the biggest financial losses in modern history.