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For a period between the 1980s and 1990s, subprime mortgage lenders were also very common. In fact, they contributed to the 2007 financial collapse, when many commercial banks were venturing into the subprime market with little or inappropriate risk management. Bottom line: Avoid loan sharks and subprime lenders at all costs, or they’ll ruin your finances and the greater economy at large.

Exchanges such as the NASDAQ, NYSE, Nikkei, and others are globally renowned for being open forums for ferocious trading. In both stock and commodities exchanges, the most recognized space is called the pit, or trading floor, and it’s where large numbers of brokers and dealers shout and scream at each other, buying, selling, and trading shares of this or that. Of course, computers are now replacing much of this in-your-face activity. Even on the trading floor itself, computers are becoming ever present, while the number of people who vigorously declare their intentions to anyone within a two-mile radius is quickly shrinking. The function of the exchanges themselves is more about providing a place for these trading activities to occur than anything, making them increasingly irrelevant with modern technological advances in investing transactions.