Leap Day Crash

The Leap Day Crash was a financial crash beginning on 28 February 2020. Caused by the breakup of Jones Incorporated and the real life coronavirus, the crash severely impacted the Shilling Stock Market, dropping the Shilling Average by $7 in three days. The market recovered a few days later, but its aftermath still lingers.

Causes
The first main cause is the breakup of Jones Incorporated. Following Florin Council v KN, the company was broken up, with it and its subsidiaries TedZ Incorporated and Double U Incorporated being granted to independent investors. Other investors feared the same would happen to other companies, and began selling, causing a bear market.

The second was the coronavirus. The Dow Jones had plunged a thousand points on 27 February 2020, and many other stock markets fell as well.

The Crash
On 27 February 2020, the Shilling Average fell from $19.6 to $17.36. It continued its decline as other stocks were brought down with Jones Incorporated, and the average reached its lowest on 2 March with a value of $11.27. It quickly rebounded when KN returned to Jones Incorporated.

Aftermath
While the stock crash ended up being very short-lasting, it was very drastic, and its effects can still be felt today. The three companies of Jones Incorporated, TedZ Incorporated, and Double U Incorporated were all bought up by members of the SLB Group (Salvaguardia Incorporated acquired the first two and Life's Bad Corporation the last one), thus cementing the conglomeration's monopoly on the stock market.