Black Thursday


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Black Thursday

The date of the first large stock market crash that presaged the Great Depression. While the Great Depression had already begun in some areas, Black Thursday marked the end of the speculative bubble that had marked most investing in the 1920s. Black Thursday occurred on October 24, 1929, with Black Monday and Black Tuesday following the next week. The Great Depression contributed to the formation of most regulation still in force today.

Black Thursday

A widely used reference to October 24, 1929, the date on which security prices plunged, producing one of the most memorable days in the history of the New York Stock Exchange. During that Thursday afternoon, Richard Whitney, who was then vice president of the exchange, went to the floor with large buy orders in a successful attempt to stem the decline. Unfortunately, his success was short-lived.
References in classic literature ?
Seven of these in all he visited on that black Thursday, and each of the seven rubbed the surface of the painting with a grimy thumb, snorted, and dismissed him.
People like Brian Rich, a journalist from Boise, ID, who started Boycott Black Thursday, a Facebook cause page that has rallied over 130,000 fans, leading the charge (www.
In the winter, the Country Club also features groomed cross-country ski and snowshoe trails and hosts Tuesday Bluesday and Black Thursday ski groups.
Maike Currie, associate investment director at Fidelity, says: "Shoppers have Black Friday and it looks like investors have Isa Black Thursday with considerably larger amounts of money being invested in one specific day compared to others.
01MERSEYSIDE commuters were braced for Black Thursday - the name given to Thursday, February 20, 1975 - when a 24-hour strike was set to begin across the rail network.
In any case, the Russia arm of the Alpari Group, which emerged unscathed from Swiss Franc Black Thursday, has continued a PR and marketing campaign to help distance itself from the fate of Alpari UK and is going after former Alpari UK clients, with a 30% deposit bonus.
Despite the best efforts of national retailers to morph Black Friday into Black Thursday this year, bargain shoppers in Massachusetts will just have to wait until after midnight to descend on stores.
A LITERAL BLACK Thursday for small shop owners will be held this week as small shopkeepers' union POVEK yesterday announced the symbolic hanging of black flags on the windows of their businesses island wide.
Yanukovych's calls for dialogue with the opposition should be taken with a pinch of salt as the chances of him meeting any of their demands, including immediate parliamentary and presidential elections, the resignation of the cabinet, the prosecution of the interior minister, the cancelation of the Black Thursday laws and amnesty for protesters, seem slim.
Black Friday is increasingly becoming Black Thursday as more and more retailers kick off the start of the holiday shopping season on Thanksgiving Day.
We are supposed to have learned a lot from the Great Depression that followed Black Thursday.
Several said they nailed down most of their shopping during Black Thursday and Friday--or at the very latest on Cyber Monday.