1929 Wall Street Stock Market Crash

The most devastating stock market crash in the history of the United States;
Its from my favorite documentary by PBS – New York.

This particular part about Wall Street crash of 1929 is from episode 5 of the series with title: Cosmopolis
there are lots of archive photos, footages and drawings throughout the series and in my opinion it was great work done with finding them.

series website:
http://www.pbs.org/wnet/newyork/series/index.html

“Archival shoots took place at various historical and cultural institutions, including the New-York Historical Society, the Museum of the City of New York, and the Library of Congress, and focused on the filming of particularly rare or large-scale archival prints, lithographs, maps, and photographs”

Duration : 0:10:5


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Published on 01 Nov 2009 in stock market, by admin

25 Comments >>

This entry was posted on Sunday, November 1st, 2009 at 3:50 am and is filed under stock market. Follow the comments through the RSS 2.0 feed. You can post a comment, or leave a trackback.

Comments:

  1. colindominy Said:

    You know what .. …
    You know what .. every young, eager-beaver, money-hungry, “greed-is-good”, rising corporate executive, & rising banking-magnate, should have this extensive footage shown to them, day & night, nonstop, for about 3 days or so – before they’re permitted to be appointed to any higher-corporate company promotion / position. Maybe then, they’d properly realise the inherent social responsiblility that comes inbuilt, with the handling of other peoples’ money in professional business. ‘Nuff said.


  2. Chromegrillz Said:

    History will repeat …
    History will repeat again coming months, be prepare citizens.


  3. ihventura Said:

    BourneAccident is …
    BourneAccident is somewhat right. The crash was engineered to create the fed. The Rothchilds and other bankers are our dark lords, But don’t worry, just go surfing. There’s nothing you’re gonna do about any of it. HAH hahaha.


  4. konman001 Said:

    Hmmm. . . …
    Hmmm. . . interesting how the banks saved their durign that time.

    It seems that they knew on thurday the 23 that the jig was up and with all the investors selling they KNEW that they could have taken a huge hit. So . . . they pumped in enough money to stabilize the stock a little on Friday and then while the stocks were somewhat stabilized they pulled out before being seriously hit.


  5. samlaunch Said:

    Stocks will go up …
    Stocks will go up as well as Gold and Silver. We see the Dow bottomed last year at 6,600. The U.S. Dollar has had it and that’s why stocks are rising with Gold and Silver. Hyperinflation is around the corner and the stock market is reflecting this fact along with the metals. I like Silver ($588) better than Gold ($10K) but both are great investments and will return more money than the stock market (32,000).


  6. empnero2327 Said:

    Well if youre stuck …
    Well if youre stuck sitting around watching YouTube videos anyway you might as well be making some money investing properly.. try the newsletter at authoropen . com


  7. imnotuthankgod Said:

    such a good …
    such a good documentary. nothing or nobody ever explained this crash to me quite as well.


  8. BourneAccident Said:

    Hate to burst …
    Hate to burst anyone’s “bubble” but the crash of 1929 was engineered by the Fed. The crashed the market, retracted the money supply by 30% and the Great Depressions ensued. BUT GREAT FOOTAGE… really enjoyed that….


  9. gcio0202 Said:

    Glenn Cionek …
    Glenn Cionek believes that the Great Depression couldn’t have been much worse than this


  10. svenvdw Said:

    buy gold and silver …
    buy gold and silver… there is realy not to much time now anymore. and go out of stocks asap!


  11. HarborGuy Said:

    Who said history …
    Who said history doesn’t repeat itself.? We are pack to square one…….Only this time the Government is in it as well………..


  12. jdbrown371 Said:

    Ready for a replay?
    Ready for a replay?


  13. Chazzoli Said:

    Problem was that …
    Problem was that countries like Germany under Stresemann had grown prosperous, but from large loans which put them in a very bad position when the stock market crashed.


  14. 00iam Said:

    search for deep …
    search for deep conscious capitalism


  15. Streetrede Said:

    Please see the NEW …
    Please see the NEW Wall Street Professional social website for college students and financial professionals

    Keyword: StreetRede


  16. howardtibbsthethird Said:

    the time before …
    the time before this is when white people really began the ‘my don’t stink’ era once again since the renaissance. then the crash happened and, ho my god, being white couldn’t manifest money. who’d a thunk it.


  17. chuckchizzle Said:

    The biggest bubble …
    The biggest bubble isn’t “trash stocks”, it’s stocks in general. The P/E of the S&P 500 is now at an incredibly high 140 !!! Historically, the P/E is around 15, maybe 16 in times of economic expansion. In order for the P/E of the S&P 500 to be at 15, the index itself should be around 112. That’s a long, long way down from the over 1000 that the S&P is currently at.


  18. Kevra777 Said:

    Freak:

    Dow Jones: …
    Freak:

    Dow Jones: 9605 Sept 11 2001

    Dow Jones: 9605 Sept 11 2009


  19. Kevra777 Said:

    Buy silver.
    Buy silver.


  20. pasquale00009 Said:

    does this sound …
    does this sound familiar. I predict that the stock market will hit 4,500 in the year 2010


  21. EnkyNakamura Said:

    is called buying …
    is called buying climax, when also your grandmother want to buy crude oil future:)


  22. phemmi Said:

    Lol it was well …
    Lol it was well planned, Think about how much money the Morgan’s would have made ;D

    They sold all that money into the stock market with interest. What a perfect way to sell you’re product, money.


  23. NorEaster07 Said:

    And just like oil …
    And just like oil at $145 a barrel. Everyone and their mother were talking about buying commodities and then POOF Oil went to $35/barrel!


  24. birmington Said:

    It does make one …
    It does make one think.

    .


  25. NorEaster07 Said:

    And just like the …
    And just like the shoe shiner at 2:40, same thing happened to real estate in 2006.

    I started selling all my properties when not only; people were jumping all over bidders back going 15% higher than asking price,;but also because I was seeing people who were poor getting half million dollar homes.

    And then POOF. Real Estate was done.


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