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The Stock Market Crash of 1929.
"Wall Street Lays an Egg!" That's what the front page of Variety Newspaper said on the morning of October 30, 1929, as it summed up the biggest stock market crash in American history. Let me tell you a little about that... First of all, how many of you own stock or shares on Wall Street?(Pause.) All, or most of you, probably don't. Well, work with me and picture for a minute that you do. Picture that you've invested your entire life savings into shares of stock. Now, imagine for a moment that you're standing on the floor of the New York Stock Exchange waiting to find out if you've m…
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- The Stock Market Crash of 1929.
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