Don't know if this crossed your radar last week?
Provident Financial hit the buffers last week with it's shares in freefall.
Provident is basically a sup-prime lender and it does echo the 2008 hiatus in America.
Let's hope not.
Provident Financial shares were in freefall today, falling 72 per cent after the firm announced it had been hit by another profit warning. And as business spirals downwards, chief executive Peter Crook stepped down with immediate effect. Over £1.5bn was wiped off the Neil Woodford-backed firm's market capitalisation in a matter of minutes as the markets opened. During the course of trading this morning, that increased to £2.2bn.