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People were shelling their stocks which meant there company was getting more money as some people needed money to pay back loans that they had borrowed but other stock holders started to panic and quickly put there stocks up for sale but people could afford it so they had to lower the prices. Banks went bankrupt as people didnt pay there loans back so banks had to close and people would lose there jobs.
What else can I help you with?
Why does Wall Street need reforming?
In many ways Wall Street is the economic center of the United States economy as trillions of dollars in financing and trading are conducted daily. Anytime there is a huge amount of money at stake there is also the temptation for fraud, financial excesses, and corruption. In the wake of the financial crisis Congress recognized the dangers of a lack of appropriate oversight of Wall Street and thus passed the Dodd-Frank Wall Street Reform and Consumer Protection Act. Many doubt that this Act will prevent the next financial crisis since each future crisis will be caused by conditions and factors that simply cannot be anticipated by regulators. In addition, Wall Street is constantly attempting to circumvent or weaken regulatory oversight through what is known as "regulatory capture" whereby former regulators take high paid positions on Wall Street and corruptly use their influence as political lobbyists to advance private interests over public interests.
What do economists cite as the date of the first US Wall Street crash?
October 29 1929 was the date in US Wall Street Stock Market crashed.
What impact did the wall street crash have on the economy?
hello
Why is main street against wall street?
Main Street often feels opposed to Wall Street due to perceived economic disparities and the belief that Wall Street prioritizes profits over the well-being of everyday workers and communities. Many people on Main Street view Wall Street as a symbol of corporate greed and financial misconduct, especially following economic crises that disproportionately affected ordinary citizens. Additionally, issues like income inequality and the influence of big money in politics contribute to this sense of division, as Main Street advocates for policies that support local economies and workers' rights.
Was wall street built to keep out the pigs?
yes , absolutly
What happened on Wall Street in 1929?
the wall street crash, which was the misuse of the stock market that caused the world to suffer.
What caused Wall Street to collapse?
Are you talking about a economical collapse or about the 9/11 attacks ?
Wall street crash of 1929?
The Wall Street Crash Was the miss use of the stock market that's caused the world to suffer as the worlds biggest finacal country crumbled.
What is the address of Wall Street NY?
Wall Street is a street, not a building, business or residence. It has no address. Rather, the buildings, businesses and residences that are located on Wall Street have addresses (121 Wall Street, 59 Wall Street, etc.).
What should be italicized in this sentence my parents subscribe to the Wall Street Journal?
the parents subscribe to the wall street journal
Why was wall street call wall street?
I'd imagine because it is a 'street' surrounded by 'walls'.
When did wall street begin?
Wall street began in the 1800's.
What is wall street famous for?
Wall Street was famous for the economics that blacks have
What noun is wall street proper or common?
The word Wall Street is a proper noun, the name of a specific street. The word wall is a common noun, a word for any wall. The word street is a common noun, a word for any street. A proper noun is the name of a person, place, thing, or a title. Wall Street is the name of a street, a thing.
What did wall street represent?
Wall Street is the street where financial services and institutions are located. It is called Wall Street because a Wall was built early in NY history to hold back the river and provide land.
When did the wall street crash start an end?
when did the wall street crash start.
Wall Street shuffle by 10cc?
yes wall street shuffle is by 10cc
