Scams and Bubbles

123456789101112
Across
  1. 7. A type of fraudulent scheme where new money is used to pay existing investors, named after an Italian immigrant.
  2. 8. Early modern Europe’s first speculative asset cycle.
  3. 10. U.S. real estate boom that collapsed in 2008.
  4. 12. Recent digital asset crash.
Down
  1. 1. Company nicknamed ‘India’s Enron’ after 2009 accounting scandal.
  2. 2. The energy company that collapsed due to massive accounting fraud in 2001.
  3. 3. British bank brought down in 1995 by rogue trader Nick Leeson.
  4. 4. Illegal practice of trading based on confidential information.
  5. 5. Financial instrument blamed for worsening the 2008 crisis.
  6. 6. A period of over-speculation and rapid price increase of financial assets.
  7. 9. Early 2000s internet-stock bust.
  8. 11. Real estate firm at the center of India’s biggest corporate debt default in 2019.