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The Dow Jones Industrial Average, 1928–1930. The "Roaring Twenties", the decade following World War I that led to the crash, [4] was a time of wealth and excess.Building on post-war optimism, rural Americans migrated to the cities in vast numbers throughout the decade with hopes of finding a more prosperous life in the ever-growing expansion of America's industrial sector.
"Wall Street and the Financial Crisis: Anatomy of a Financial Collapse" (known as the Levin–Coburn Report) by the United States Senate concluded that the crisis was the result of "high risk, complex financial products; undisclosed conflicts of interest; the failure of regulators, the credit rating agencies, and the market itself to rein in ...
In an analysis of the media's coverage of the report, the Columbia Journalism Review criticizes the Wall Street Journal, the nation's foremost business newspaper, for its placement of the story in the third section of the day's paper, as well as its general dodging around the facts laid by and the criticisms made in the Report about Wall Street ...
The Emergency Economic Stabilization Act of 2008, also known as the "bank bailout of 2008" or the "Wall Street bailout", was a United States federal law enacted during the Great Recession, which created federal programs to "bail out" failing financial institutions and banks.
Black Monday (also known as Black Tuesday in some parts of the world due to time zone differences) was the global, severe and largely unexpected [1] stock market crash on Monday, October 19, 1987.
There are those both outside and inside America who are rubbing their hands with glee at this nation's supposed collapse. That realization smacked me in the face Monday morning when I taped an ...
Wall Street Crash of 1929: 24 – 29 Oct 1929 USA: Lasting over 4 years, the bursting of the speculative bubble in shares led to further selling as people who had borrowed money to buy shares had to cash them in, when their loans were called in. Also called the Great Crash or the Wall Street Crash, leading to the Great Depression. Recession of ...
According to the History Channel, the name was first used to describe an 1869 financial crisis, in which corruption and stock fraud caused the U.S. gold market to collapse entirely.