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.
5 MEN IN BLACK Thursday, E4, 8pm THE original and best of the MIB movies.
Tunisia has just experienced the second "Black Thursday" of its history (1987), even if the causes are not the same and the balance much lighter.
John, who is a lead guitarist in Warrington band Black Thursday, said: "If no donor is forth coming then they will use a half match from my children.
(TAP) -- "Most of Tunisians expressed themselves peacefully and no comparison is possible between the January 17 general strike and that of January 26, 1978, (known as the black Thursday), Ennahdha Movement President Rached Ghannouchi said Saturday.
We held a prayer session last year December where we all put on black and we tagged the prayer session 'Black Thursday'.
'It's another do-or-die so we'll just go out and play our best and hopefully win the game,' said Black Thursday at Cuneta Astrodome.
They include the Panic of 1907, Black Thursday (1929), Black Monday (1929), Black Tuesday (1929) and Black Monday (1987).
Last but not least and as the month of November comes a the first annual reminder of the Black Thursday -- the Egyptian pound flotation -- Safwat Qabel, professor of economy and former dean of the Faculty of Commerce in Sadat University wrote in the private Al-Shrouk daily about "what happened to Egyptians" a year on.
1929 - Black Thursday' marks the start of the stock market crash.
It was a black Thursday for Indian space programme as it suffered a serious setback after its workhorse rocket Polar Satellite Launch Vehicle (PSLV) failed to deliver India's eighth navigation satellite in its intended orbit.
What happened that black Thursday near Faridabad was perhaps the worst kind of hate crime committed after cow-protection vigilante groups began to unleash terror following the formation of the NDA government in Delhi in 2014.