Blue Monday Crash 2009 Blue Monday Crash 2009 On Monday, 19 January 2009, a date previously known as Blue Monday, British banking shares collapsed in a rout of selling after Royal Bank of Scotland (RBS) announced the biggest corporate losses in British history. The shares fell over 67% in a single day. Shares in all other British banks suffered heavy losses. The next day Lloyds Banking Group and Barclays fell sharply again. RBS and HSBC continued to fall. News reports on RBS indicated a £28 billion loss for 2008, and the UK government pledged to increase its stake in the company to 70% .
Blue Monday (band) What's Done Is Done and the subsequent touring brought Blue Monday to the attention of seminal modern hardcore label Bridge Nine Records who signed them after playing the now defunct Summer Hardcore Festival Posi Numbers in Wilkes-Barre, Pennsylvania. In December Blue Monday entered Atomic Studios in Brooklyn New York and recorded their debut full length for Bridge Nine with Dean Baltulonis. With the release of Rewritten in the spring of 2005 Blue Monday toured with label mates Champion and Terror and completing a full US tour with bands Go It Alone and Allegiance. In October 2005 Blue Monday headed to