The dotcom bubble of the late 1990s led to the dotcom bust. The South Sea Bubble of 1720 cost Sir Isaac Newton millions of pounds in today’s money. Profit and prosper with the best of expert ...
Back in Sept. 1720, just as the South Sea Company was hurtling from bubble to bust and hurtling into the history books as a result the Bank of England faced a 'run' from anxious depositors.
In April 1721, Sir Robert Walpole became first lord of the treasury and chancellor of the exchequer, in the wake of the South Sea Bubble financial crash of 1720. He confirmed the Whig party's ...