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% .
Book of the Month Club quite the most exciting and unexpected thing that ever happened to me." In 1951 (its 25th year), the club distributed its 100 millionth book and selected J.D. Salinger's "The Catcher in the Rye", which became both the most-censored and the most-taught book in America. In 1978, the Club selected "By the Rivers of Babylon", the first book by Nelson DeMille, who later wrote: "I will be forever grateful to Book of the Month for ensuring that my first book, "By the Rivers of Babylon", was not my last. When the Club selected "Babylon" in 1978, it reached hundreds of thousands