A B-2 Stealth Bomber Crashes
Plane crashes are never cheap. This one was especially costly, though. A B-2 Stealth Bomber nose-dived into the runway soon after it took off at Guam’s Andersen Air Force Base back in 2008. According to investigators, the accident was because of heavy rain which had impaired the plane’s air-data sensors. Amazingly, there were no fatalities, but the aircraft was totaled, racking up more than $1.4 billion in damages. It is the most expensive plane crash ever recorded.
A B-2 Stealth Bomber Crashes
The Trading Loss of Howie Hubler
There was a time when the name Howie Hubler wouldn’t ring any bells, but that all changed after Morgan Stanley lost $9 billion because of him. Back in 2006, he was the Morgan Stanley golden boy. He oversaw a team which made more than a fifth of the company’s profits. The following year, however, the tide began to turn as the housing market started to crash. Hubler believed his system was good, but he was wrong and his decisions alone cost Morgan Stanley $9 billion.
The Trading Loss of Howie Hubler
