1929 - The Stock Market Crash: beginning of the 12-year Great Depression, Wall Street Crash (00:08:27)
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1929 - The Stock Market Crash: beginning of the 12-year Great Depression, Wall Street Crash

Rights-Managed, Editorial

Location and time:

United States, New York, 29-10-1929


Black Frida: The Stock Market Crash: The Stock Market Crashy or the Wall Street Crash refers to October 29, 1929, the day when the New York Stock Exchange crashed; this event eventually led to the Great Depression. The crash followed a speculative boom which had taken hold in the late 1920s and which had led millions of Americans to invest heavily in the stock market.This investment drove share prices up to artificially high levels; the rising share prices encouraged more people to invest, as they hoped the shares would rise further, thus fueling further rises and creating an economic bubble. The banks lent heavily to fund this share-buying spree. On October 29, 1929, the bubble finally burst and panic selling set in. Thirteen million shares were sold in the space of one day, as people desperately tried to dispose of their shares before they became worthless. Over the following few days another thirty million shares were sold, and share prices collapsed, ruining millions of investors.The banks who had lent heavily to fund share buying found themselves saddled with debt and this led to the failure of many banks.While millions of people lost their savings, businesses lost their credit lines and were forced to close, causing massive unemployment.The crash dramatically worsened an already fragile economic situation, and was a major contributing factor to the Great Depression. There is a good deal of controversy among economists and historians about the nature of that contribution, though. Some hold that political over-reactions to the crash, such as in the passage of the draconian Smoot-Hawley Tariff Act through the US Congress, caused more harm than the crash itself. After the experience of Black Friday, stock markets around the world instituted measures to temporarily suspend trading in the event of rapid declines, so as to prevent such panic sales. As a result, later stock market crashes, such as the crash of 1987 (Black Monday), have never been quite as severe as that of 1929.

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Arabic :

عام 1929، أسود الثلاثاء 29 أكتوبر 1929، وول ستريت، سوق الأوراق المالية، تحطم، والتضخم، والاكتئاب، والبطالة، والأزمة الاقتصادية، الطرف، أمريكا، والسماسرة، ونيويورك، وبورصة، الذعر، بنك، المصنع، والعمال، والعاطلين عن العمل، الجهاز، تحطم كبير، وانهيار سوق الأسهم، والكساد العظيم، القرن الحادي والعشرين، الاقتصاد، والنظام الاقتصادي، واقتصادا، والاقتصادية، الأسود الخميس، المصرفيين في وول ستريت، وول ستريت تحطم من 1929، تحطم سوق الأسهم عام 1929، ولقطات من المال، إدوارد لامونت، جون كينيث، سالوين شوفرو، آرثر ماركس،,

Bulgarian :

1929, черен петък, 29-ти октомври 1929 г., Уол Стрийт, фондовия пазар, катастрофа, инфлацията, депресия, безработица, икономическа криза, страна, Америка, брокери, Ню Йорк, фондова борса, паника, банка, фабрика, работещите, безработните, устройство, голяма катастрофа, срива на фондовия пазар, Голямата депресия, 20-ти век, икономиката, икономическата, икономически, икономическа система, черният четвъртък, Уолстрийт банкери, Уолстрийт срив от 1929 г., фондовия пазар Crash на 1929, пари кадри, Едуард Ламонт, Джон Кенет, Salwyn Shufro, Артур Маркс, ,

Catalan :

1929, negre divendres, 29 d'octubre de 1929, Wall Street, borsa, accident, la inflació, depressió, atur, crisi econòmica, festa, Amèrica, corredors, Nova York, borsa, pànic, Banc, fàbrica, treballadors, aturats, dispositiu, gran accident, borsari, gran depressió, del segle XX, Economia, sistema econòmic, econòmica, econòmica, negre dijous, els banquers de Wall Street, Wall Street crisi de 1929, borsa Crash de 1929, seqüències de diners, Edward Lamont, John Kenneth, Salwyn Shufro, Arthur Marx, ,

Chinese Simplified :

1929 年,黑色星期二 1929 年 10 月 29 日,华尔街,股票市场、 崩溃、 通货膨胀、 抑郁、 失业、 经济危机、 方、 美国、 经纪人、 纽约、 证券交易所、 恐慌、 银行、 工厂、 工人、 失业者、 设备,大萧条,股票市场崩溃,大萧条时期,20 世纪,经济、 经济、 经济、 经济系统、 黑色星期四,华尔街的银行家们,华尔街崩溃 1929 年、 1929 年的股市崩溃、 钱素材,爱德华拉蒙特、 约翰 · 肯尼斯、 Salwyn Shufro、 亚瑟马克思,

Chinese Traditional :

1929 年,黑色星期二 1929 年 10 月 29 日,華爾街,股票市場、 崩潰、 通貨膨脹、 抑鬱、 失業、 經濟危機、 方、 美國、 經紀人、 紐約、 證券交易所、 恐慌、 銀行、 工廠、 工人、 失業者、 設備,大蕭條,股票市場崩潰,大蕭條時期,20 世紀,經濟、 經濟、 經濟、 經濟系統、 黑色星期四,華爾街的銀行家們,華爾街崩潰 1929 年、 1929 年的股市崩潰、 錢素材,愛德華拉蒙特、 約翰 · 肯尼斯、 Salwyn Shufro、 亞瑟馬克思,

Czech :

1929, černý pátek 29. října 1929, Wall Street, akciový trh, havárie, inflace, deprese, nezaměstnanost, ekonomická krize, párty, Amerika, makléři, New York, burzy, panika, banka, továrna, zaměstnanci, nezaměstnaní, zařízení, velký krach, krach burzy, velké hospodářské krize, století, ekonomiky, hospodářské, ekonomické, ekonomický systém, Černý čtvrtek, Wall Street bankéři, Wall Street krach z roku 1929, krach na burze v roce 1929, peníze záběrů, Edward Lamont, John Kenneth, Salwyn Shufro, Arthur Marx, ,

Danish :

1929, sort fredag, 29 oktober 1929, Wall Street, aktiemarkedet, crash, inflation, depression, arbejdsløshed, økonomisk krise, fest, Amerika, mæglere, New York, børsen, panik, bank, fabrik, arbejdere, arbejdsløse, enhed, Great Crash, Stock Market Crash, Great Depression, 1900-tallet økonomi, økonomi, økonomisk, økonomiske system, sort torsdag, Wall Street bankfolk, Wall Street krakket i 1929, Stock Market Crash i 1929, penge optagelser, Edward Lamont, John Kenneth, Salwyn Shufro, Arthur Marx, ,

Dutch :

1929, zwarte vrijdag, 29 oktober 1929, Wallstreet, beurs, crash, inflatie, depressie, werkloosheid, economische crisis, partij, Amerika, makelaars, New York, Stock Exchange, paniek, bank, fabriek, werknemers, werklozen, apparaat, grote Crash, Stock Market Crash, grote depressie, 20e eeuw economie, economische, economische, economische systeem, Zwarte donderdag, bankiers van Wall Street, Wall Street Crash van 1929, Stock Market Crash van 1929, geld beelden, Edward Lamont, Salwyn Shufro, John Kenneth Arthur Marx, ,

Estonian :

Must reede, 29. september 1929, Wall Street, aktsiaturg, crash, inflatsioon, depressioon, töötus, majanduskriis, 1929 poole, Ameerika, maaklerid, New York, Börs, paanika, panga, tehase, töötajad, töötud, seade, suurt krahhi, börsikrahh, suur depressioon, 20. sajandi majandus, majandus, ökonoomne, majandusliku süsteemi, Black neljapäeval Wall Street pankurid, Wall Streeti krahhi 1929, Stock Market Crash 1929, raha filmimaterjali, Edward Lamont, John Kenneth, Salwyn Shufro, Arthur Marx,

Finnish :

1929, musta perjantai 29 lokakuu 1929, Wall Street, pörssi, crash, inflaatio, masennus, työttömyys, taloudellinen kriisi, puolue, Amerikka, välittäjät, New York, pörssi, paniikki, pankki, tehdas, työntekijät, työttömät, laite, suuria Crash, pörssiromahdus, Great Depression, 1900-luvun talous, talous-, taloudellinen-, system, musta torstai, Wall Streetin pankkiirit, Wall Streetin pörssiromahduksesta 1929 pörssiromahdus vuonna 1929, rahaa materiaalia, Edward Lamont, John Kenneth, Salwyn Shufro, Arthur Marx, ,

French :

1929, noir mardi 29 octobre 1929, Wall Street, bourse, crash, inflation, dépression, chômage, crise économique, le parti, Amérique, courtiers, New York, la bourse, panique, Banque, usine, travailleurs, chômeurs, périphérique, grand Crash, Crash boursier, grande dépression, XXe siècle, économie, système économique, économique, économique, noire jeudi, les banquiers de Wall Street, Wall Street krach de 1929, Stock Market Crash de 1929, images de l'argent, Edward Lamont, John Kenneth, Salwyn Shufro, Arthur Marx, ,

German :

1929, schwarz Dienstag, 29. Oktober 1929, Wallstreet, Börse, Crash, Inflation, Depression, Arbeitslosigkeit, Wirtschaftskrise, party, America, Makler, New York, Börse, Bank, Fabrik, Arbeitnehmer, Arbeitslose, Panik, Gerät, großen Crash, Börsencrash, Weltwirtschaftskrise, 20. Jahrhundert, Wirtschaft, Wirtschaft, wirtschaftliche und wirtschaftliche System, Schwarzer Donnerstag, Wall-Street-Banker, Börsenkrach von 1929, Stock Market Crash 1929, Geld-Filmmaterial, Edward Lamont, John Kenneth, Salwyn Shufro, Arthur Marx, ,

Haitian Creole :

1929, byenke nwa, Vandredi, 29th Oktòb 1929, miray lavil la ri, mache dechanj, aksidan an, enflasyon, dépression, chomaj, kriz ekonomik, pati, Amerik, en, New York, mache dechanj, kouri moute kouri desann, bank, faktori, travayè yo, emploi, istwa a, gwo aksidan an, mache dechanj la, gwo Dépression, 20tyèm syèk, ekonomi an, ekonomik, ekonomik, ekonomik sistèm, nwa, Jedi, Des ri miray ranpa, miray lavil la nan Ri Crash de 1929, mache dechanj Crash de 1929, lajan métrage, Edward Lamont, John Kenneth, Salwyn Shufro, Arthur Marx, ,

Hebrew :

1929, שחור ביום שישי, 29 באוקטובר 1929, וול סטריט, שוק המניות, התרסקות, אינפלציה, דיכאון, אבטלה, המשבר הכלכלי, מסיבה, אמריקה, ברוקרים, ניו יורק, הבורסה, פאניקה, בנק, המפעל, העובדים, מובטלים, התקן, ההתרסקות הגדולה, התרסקות שוק המניות, השפל הכלכלי הגדול המאה ה-20, הכלכלה, מערכת כלכלית, חסכן, כלכלי, שחור הבנקאים בוול סטריט, יום חמישי בוול סטריט התרסקות של 1929, התרסקות שוק המניות של 1929, כסף מדה, אדוארד למונט, ג'ון קנת, Salwyn Shufro, ארתור מרקס, ,

Hindi :

1929, काला शुक्रवार, 29 अक्तूबर 1929, वॉल स्ट्रीट, शेयर बाजार, दुर्घटना, मुद्रास्फीति, अवसाद, बेरोजगारी, आर्थिक संकट, पार्टी, अमेरिका, दलालों, न्यूयॉर्क, स्टॉक एक्सचेंज, दहशत, बैंक, फैक्टरी, श्रमिकों, बेरोजगारों, डिवाइस, महान क्रैश, शेयर बाजार दुर्घटना, महान अवसाद, 20 वीं सदी, अर्थव्यवस्था, आर्थिक, किफायती, आर्थिक प्रणाली, काला गुरुवार, वॉल स्ट्रीट बैंकरों, 1929 की वॉल स्ट्रीट क्रैश, शेयर बाजार क्रैश 1929 के, पैसे फुटेज, एडवर्ड Lamont, जॉन केनेथ, Salwyn Shufro, आर्थर मार्क्स, ,

Hungarian :

1929-ben fekete péntek, október 29, 1929, a Wall Street, tőzsde, összeomlás, infláció, depresszió, munkanélküliség, gazdasági válság, fél, Amerikában, a brókerek, New York-i, a tőzsde, pánik, bank, gyári, dolgozók, munkanélküliek, készülék, nagy szerencsétlenség, tőzsdei összeomlást, nagy depresszió, a huszadik század gazdaság, a gazdasági, gazdaságos, gazdasági rendszer, fekete csütörtök, Wall Street bankárok, Wall Street Crash, 1929, a tőzsdei összeomlás 1929-ben, a pénz felvétel, Edward Lamont, John Kenneth, Salwyn Shufro, Arthur Marx, ,

Indonesian :

Tahun 1929, Black Jumat 29 Oktober 1929, Wall Street, pasar saham, kecelakaan, inflasi, depresi, pengangguran, krisis ekonomi, pesta, Amerika, broker, New York, Bursa saham, panik, bank, pabrik, pekerja, menganggur, perangkat, kecelakaan besar, pasar saham Crash, depresi besar, abad ke-20 ekonomi, ekonomi, ekonomi, ekonomi sistem, hitam Kamis, Wall Street bankir, Wall Street Crash tahun 1929, Stock Market Crash tahun 1929, uang rekaman, Edward Lamont, John Kenneth, Salwyn Shufro, Arthur Marx, ,

Italian :

1929, nero martedì 29 ottobre 1929, Wall Street, il mercato azionario, crash, inflazione, depressione, disoccupazione, crisi economica, partito, America, broker, New York, borsa, panico, banca, fabbrica, lavoratori, disoccupati, dispositivo, grande Crash, Crash del mercato azionario, grande depressione, XX secolo, economia, sistema economico, economico, economico, Black giovedì, banchieri di Wall Street, Wall Street Crash del 1929, Stock Market Crash del 1929, il metraggio di denaro, Edward Lamont, Salwyn Shufro, John Kenneth Arthur Marx, ,

Japanese :

1929 年、黒火曜日 1929 年 10 月 29 日、ウォールストリート、株式市場、クラッシュ、インフレ、不況、失業率、経済危機、パーティー、アメリカ、ブローカーは、ニューヨーク、証券取引所、パニック、銀行、工場、労働者、失業者、デバイス、偉大なクラッシュ、株式市場の暴落、大恐慌20 世紀経済、経済、経済的な経済システム、暗黒の木曜日、ウォールストリートの銀行、1929 年のウォールストリートの衝突、1929 年の株式市場のクラッシュ、お金の映像は、アーサー ・ マルクス Salwyn Shufro、ジョン ・ ケネス ・ エドワード ・ ラモント,

Korean :

1929 년 검은 금요일, 1929 년 10 월 29 일, 월스트리트 주식 시장, 충돌, 인플레이션, 불경기, 실업, 경제 위기, 파티, 미국, 중 개인, 뉴욕, 증권 거래소, 공황, 은행, 공장, 노동자, 실업자, 장치, 큰 충돌, 주식 시장이 추락, 대공황, 20 세기 경제, 경제, 경제, 경제 시스템, 블랙 목요일, 월이 은행, 1929 년의 월이 충돌 1929 년 주식 시장이 추락, 돈 피트, 에드워드 Lamont, 존 케네스, Salwyn Shufro, 아서 Marx,

Latvian :

1929, melnā piektdiena, oktobris 29, 1929, Wall Street, akciju tirgus, crash, inflācija, depresija, bezdarba, ekonomisko krīzi, puse, Amerika, brokeri, New York, biržā paniku, bankas, rūpnīcas, darba ņēmēji, bezdarbniekiem, ierīces, lielu avāriju, akciju tirgus Crash, lielā depresija, 20. gadsimta ekonomiku, ekonomikas, ekonomisks, ekonomiskās sistēmas, melnā Ceturtdiena, Volstrītas baņķieri, Wall Street Crash 1929, akciju tirgus Crash 1929, naudas kadrus, Edward Lamont, John Kenneth, Salwyn Shufro, Arthur Marx,

Lithuanian :

1929 m. Juodosios penktadienis, 29 spalio 1929, Wall Street, akcijų rinkoje, avarijos, infliacija, depresija, nedarbas, ekonominės krizės, šalis, Ameriką, brokeriai, Niujorkas, vertybinių popierių biržoje, panikos, banko, gamyklos, darbuotojai, bedarbiai, prietaisas, Didžiosios katastrofos, akcijų rinkos Crash, Didžioji depresija, 20-ojo amžiaus, ekonomika, ekonomikos, ekonomiškas, ekonomikos sistemos, Juodasis ketvirtadienis, Wall Street bankininkų, Wall Street katastrofos 1929, akcijų rinkos Crash 1929, pinigų filmuotą medžiagą, Edward Lamont, John Kenneth, Salwyn Shufro, Arthur Marx, ,

Norwegian :

1929, svart fredag 29 oktober 1929, Wall Street, aksjemarkedet, krasj, inflasjon, depresjon, arbeidsledighet, økonomisk krise, fest, Amerika, meglere, New York, børs, panikk, bank, fabrikken, arbeidere, arbeidsledige, enhet, gode Crash, børskrakket, store depresjonen, 1900-tallet økonomi, økonomiske, økonomisk, økonomisk system, svart torsdag, Wall Street bankfolk, Wall Street sammenbruddet i 1929, Stock Market Crash i 1929, penger opptak, Edward Lamont, John Kenneth, Salwyn Shufro, Arthur Marx, ,

Polish :

1929, czarny piątek, 29 października 1929, Wall Street, giełdzie, crash, inflacji, depresja, bezrobocie, kryzys gospodarczy, strony, Ameryka, brokerzy, Nowy Jork, giełda, paniki, bank, fabryka, pracowników, bezrobotnych, urządzenia, wielki krach, giełdzie, Wielkiej depresji, XX wieku, gospodarki, systemu gospodarczego, ekonomiczny, gospodarczy, czarny czwartek, bankierów z Wall Street, Wall Street wywalanie z 1929, krach na giełdzie w 1929 roku, ceny materiału, Edward Lamont, John Kenneth, Salwyn Shufro, Arthur Marx, ,

Portuguese :

1929, preto terça-feira, 29 de outubro de 1929, Wall Street, o mercado de ações, queda, inflação, depressão, desemprego, crise econômica, festa, América, corretores, Nova Iorque, bolsa de valores, pânico, banco, fábrica, trabalhadores, desempregados, dispositivo, grande Crash, Crash da bolsa, grande depressão, do século XX, economia, sistema econômico, econômico, econômico, Black quinta-feira, banqueiros de Wall Street, Wall Street Crash de 1929, o mercado acionário Crash de 1929, filmagens de dinheiro, Edward Lamont, John Kenneth, Salwyn Shufro, Arthur Marx, ,

Romanian :

1929, negru vineri, 29 octombrie 1929, Wall Street, Bursa, accident, inflaţia, depresie, şomaj, criza economică, petrecere, America, brokeri, New York, Bursa de panică, Banca, fabrica, lucrătorilor, şomeri, aparat, mare accident, Bursa de avarie, Marea Depresie, al XX-lea, economia, sistem economic, economice, economice, negru joi, Wall Street bancheri, Wall Street accident din 1929, piaţa de valori accident din 1929, bani picior, Edward Lamont, John Kenneth, Salwyn Shufro, Arthur Marx, ,

Russian :

1929, Черная пятница, 29 октября 1929 года, Уолл-стрит, фондовый рынок, аварии, инфляция, депрессия, безработица, экономический кризис, партия, Америка, брокеров, Нью-Йорк, фондовая биржа, паника, банк, фабрика, рабочих, безработных, устройства, большой крах, крах фондового рынка, Великой депрессии, XX века, экономика, экономические, экономичным, экономической системы, черный четверг, банкиры Уолл-стрит, Уолл-стрит крах 1929 года, крах фондового рынка 1929 года, деньги кадры, Эдвард Ламонт, Джон Кеннет, Salwyn Shufro, Артур Маркс, ,

Slovenian :

1929, črni petek, 29. oktober 1929, Wall Street, borzo crash, inflacija, depresija, brezposelnost, gospodarska kriza, stranka, Amerika, posredniki, New York, Stock Exchange, paniko, banke, tovarne, delavcev, brezposelnih, napravo, veliki Crash, Crash na borzi, Great Depression, stoletja, gospodarstvo, gospodarski, ekonomično, gospodarski sistem, Črni četrtek, Wall Street bankirji, Wall Street Crash iz leta 1929, borznem trgu Crash iz leta 1929, denar posnetkov, Edward Lamont John Kenneth, Salwyn Shufro, Arthur Marx, ,

Spanish :

1929, negro martes, 29 de octubre de 1929, Wall Street, mercado de valores, crash, inflación, depresión, desempleo, crisis económica, partido, America, brokers, Nueva York, bolsa, pánico, banco, fábrica, trabajadores, desempleados, dispositivo, gran Crash, Crash bursátil, gran depresión, del siglo XX, economía, sistema económico, económico, económica, negro el jueves, los banqueros de Wall Street, Wall Street Crash de 1929, el Crash bursátil de 1929, dinero footage, Edward Lamont, John Kenneth, Salwyn Shufro, Arthur Marx, ,

Swedish :

1929, svart fredag den 29 oktober 1929, Wall Street, aktiemarknaden, krasch, inflation, depression, arbetslöshet, ekonomiska krisen, part, Amerika, mäklare, New York, börsen, panik, bank, fabriken, arbetare, arbetslösa, enhet, stor krasch, börskraschen, Great Depression, 1900-talet ekonomi, ekonomi, ekonomisk, ekonomiska system, svart torsdag, Wall Street bankirer, Wall Street-kraschen 1929, aktiemarknaden kraschen 1929, pengar film, Edward Lamont, John Kenneth, Salwyn Shufro, Arthur Marx, ,

Thai :

1929 ดำศุกร์ 29 1929 ตุลาคม วอลล์สตรีท ตลาดหุ้น ชน เงินเฟ้อ ภาวะซึมเศร้า ว่างงาน วิกฤตเศรษฐกิจ ปาร์ตี้ อเมริกา โบรกเกอร์ นิวยอร์ก ทรัพย์ ตกใจ ธนาคาร โรงงาน แรงงาน ตกงาน อุปกรณ์ ความผิด พลาดมาก ตลาดหุ้นล้ม ภาวะซึม เศร้ามาก ศตวรรษที่ 20 เศรษฐกิจ ระบบเศรษฐกิจ เศรษฐกิจ เศรษฐกิจ ดำพฤหัสบดี ธนาคารวอลล์สตรีท วอลล์สตรีทความผิดพลาดของ 1929 ตลาดหลักทรัพย์ผิดพลาดของ 1929 เงิน ฟุต เอ็ดเวิร์ด Lamont จอห์นเคนเนธแอร์ Salwyn Shufro อาร์เธอร์ Marx,

Turkish :

1929, siyah Cuma, 29 Ekim 1929, Wall Street, borsa, kaza, enflasyon, depresyon, işsizlik, ekonomik kriz, parti, Amerika, komisyoncular, New York, borsa, panik, banka, fabrika, işçiler, işsiz, aygıt, büyük bir gürültüyle çarpmak, borsa kazasında, büyük depresyon, 20. yüzyıl, Ekonomi, Ekonomi, ekonomik, ekonomik sistemi, siyah Perşembe, Wall Street bankacıları, 1929 Crash Wall Street, borsa kazasında 1929, para çekimi, Edward Lamont, Arthur Marx, John Kenneth, Salwyn Shufro,

Ukrainian :

1929, Чорна п'ятниця, 29 жовтня 1929, Уолл-стріт, фондовий ринок, аварії, інфляція, депресії, безробіття, економічна криза, партія, Америці, брокерів, Нью-Йорк, фондова біржа, паніки, банк, фабрика, працівників, безробітних, пристрій, великі аварії, обвалу фондового ринку, Великої депресії 20-го століття, економіки, економічних, економічні, економічної системи, чорний четвер, банкіри Уолл-стріт, Уолл-стріт обвалу 1929, біржовий Крах 1929 року, гроші кадри, Едвард Ламонт, Джон Кеннет, Salwyn Shufro, Артур Маркса, ,

Vietnamese :

Năm 1929, đen thứ sáu, ngày 29 tháng 10 năm 1929, Wall Street, thị trường chứng khoán, tai nạn, lạm phát, trầm cảm, thất nghiệp, kinh tế khủng hoảng, bên, Mỹ, môi giới, New York, chứng khoán, hoảng loạn, ngân hàng, nhà máy, công nhân, thất nghiệp, thiết bị, tuyệt vời tai nạn, tai nạn thị trường chứng khoán, Đại khủng hoảng, thế kỷ 20, nền kinh tế, kinh tế, kinh tế, kinh tế hệ thống, đen thứ năm, các ngân hàng Wall Street, Wall Street sụp đổ năm 1929, thị trường chứng khoán sụp đổ năm 1929, tiền cảnh, Edward Lamont, John Kenneth, Salwyn Shufro, Arthur Marx, ,

Sound Bite and conversation:

Shufro, Salwyn

(Broker in 1929) , speaking English:
-  "They bought at any price too expensive, but in the end someone had to pay the bill."

Lamont, Edward

(Banker when the stock market crash, 1929) , speaking English:
-  "Investors simply ignored the change of the economy. Their greed was greater than their senses."

Lamont, Edward

(Banker when the stock market crash, 1929) , speaking English:
-  "When they asked Al Capone what his opinion of the stock exchange was, he said: we all swindle in our own way."

Lamont, Edward

(Banker when the stock market crash, 1929) , speaking English:
-  "Up until that point, the market had been rising continuously, it attracted more and more investors – the man on the street: the teacher, the postman and the hairdresser, too."

Marx, Arthur

(Son of the comedian, 1929) , speaking English:
-  "Every evening he called his broker and the price of his stock was growing. He always said that it was much nicer than work."




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18-12-2010 19:59:42

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