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Wall Street

Wall Street is a street in downtown New York City but more commonly refers to the entire financial district. It is home to the New York Stock Exchange, NASDAQ and considered one of the financial centers of the world.

431 Questions

What date and why did Occupy Wall Street start?

Occupy Wall Street began on September 17, 2011, in Zuccotti Park, New York City. The movement aimed to address economic inequality and the influence of corporate money in politics, encapsulated in the slogan "We are the 99%," which highlighted the disparity between the wealthiest 1% and the rest of the population. It sought to raise awareness about issues such as social injustice, unemployment, and corporate greed.

What is the true story behind wolf of Wall Street?

"The Wolf of Wall Street" is based on the life of Jordan Belfort, a stockbroker who founded the brokerage firm Stratton Oakmont in the 1990s. Belfort gained fame for his lavish lifestyle and aggressive sales tactics, which ultimately led to widespread securities fraud and money laundering. The firm was involved in pump-and-dump schemes, manipulating stock prices to profit at the expense of investors. Belfort was eventually indicted and sentenced to prison, serving 22 months for his crimes, and has since become a motivational speaker and author.

What jobs could you get during the Wall Street crash?

During the Wall Street crash of 1929, job opportunities were scarce as the economy plunged into the Great Depression. However, some positions remained available in essential services, such as healthcare, education, and public works, as governments sought to provide support for the unemployed. Additionally, roles in the retail sector, particularly in discount stores, emerged as consumers sought affordable goods. Some individuals also turned to freelance work or self-employment in trades or crafts to sustain themselves.

What impact did the Wall Street crash have upon Russia?

The Wall Street crash of 1929 had a significant impact on Russia, as it contributed to the global economic downturn during the Great Depression. Although the Soviet Union was somewhat insulated from the immediate effects due to its planned economy, the crash led to reduced trade and investment opportunities. Additionally, it intensified the USSR's focus on self-sufficiency and rapid industrialization, as the government sought to minimize reliance on foreign markets. Ultimately, the crisis reinforced the Soviet leadership's commitment to their economic model, promoting state control over production and resources.

How did people call the wall street sotck market crash in the US?

The Wall Street stock market crash in the U.S. is commonly referred to as the "Great Crash" of 1929. It marked the beginning of the Great Depression and was characterized by a dramatic decline in stock prices, with the most notable days being October 24 (Black Thursday) and October 29 (Black Tuesday). This event led to widespread economic turmoil and significant changes in financial regulations.

What is TD Ameritrade's Broker Clearing Number?

TD Ameritrade's Broker Clearing Number is 0188. This number is used for various transactions and communications within the financial markets, particularly in relation to clearing and settling trades. If you need further assistance or specific details, it's recommended to contact TD Ameritrade directly or refer to their official resources.

How did the Wall Street crash bring depression and mass unemployment to the US?

The Wall Street crash of 1929 triggered a severe economic downturn by causing a loss of confidence in the financial system, leading to widespread bank failures and a drastic reduction in consumer spending. As businesses faced plummeting sales, they began to cut costs, resulting in mass layoffs and skyrocketing unemployment rates. The subsequent contraction in economic activity deepened the Great Depression, with millions struggling to find work and support their families. This cycle of despair was exacerbated by a lack of effective government intervention at the time.

How does one organize ringing the closing bell on wall street?

To organize ringing the closing bell on Wall Street, you typically need to coordinate with the New York Stock Exchange (NYSE) or NASDAQ, depending on which exchange you wish to ring the bell for. This involves submitting a request well in advance, often through a formal application process, and providing details about the organization or event being celebrated. It's also common to include sponsorship or recognition of a significant achievement, as the event is meant to highlight noteworthy contributions to the financial community. If approved, you'll receive instructions on the day of the event, including logistics and timing.

What is price of Karsten manufacturing corporation stock?

I'm sorry, but I cannot provide real-time stock prices or updates as my training only includes data up to October 2023, and I do not have access to live financial data. To find the current price of Karsten Manufacturing Corporation stock, I recommend checking a financial news website, stock market app, or a brokerage platform.

What was record high DJIA closing?

As of my last knowledge update in October 2023, the record high closing for the Dow Jones Industrial Average (DJIA) was 36,799.65, which occurred on January 4, 2022. This milestone reflected the stock market's recovery and growth during the post-pandemic economic environment. For the latest figures or any updates beyond October 2023, please verify with a current financial news source.

What are the long term effects of the Wall Street crash?

The Wall Street crash of 1929 led to the Great Depression, which had profound long-term effects on the global economy, including widespread unemployment, poverty, and deflation. It prompted significant regulatory reforms in the financial sector, such as the establishment of the Securities and Exchange Commission (SEC) in 1934 to oversee stock market activities and protect investors. Additionally, the crash influenced economic theories and policies, leading to a greater emphasis on government intervention in the economy to prevent future crises. The social and political landscape shifted, contributing to the rise of welfare state programs aimed at providing safety nets for citizens.

What are the people from wall street scene called?

The people from the Wall Street scene are often referred to as "Wall Street traders" or "stock traders." They are individuals who buy and sell stocks, bonds, and other securities in financial markets. In a broader sense, they can also be described as "financial professionals" or "investment bankers," depending on their specific roles within the financial industry. The term can also encompass analysts, brokers, and other market participants.

Who were the people involved in the Wall Street crash?

The Wall Street crash of 1929 involved a wide range of participants, including individual investors, brokers, and large financial institutions. Many ordinary citizens invested their savings in the stock market, often on margin, while speculators and bankers contributed to the market's volatility. Key figures, such as investment banker Charles E. Mitchell and economist John Maynard Keynes, were also influential during this period. Ultimately, the crash affected millions, leading to widespread economic hardship during the Great Depression.

How many people occupied Wall Street on September 17?

On September 17, 2011, the Occupy Wall Street movement began with around 1,000 participants gathering in Zuccotti Park in New York City to protest against economic inequality and corporate influence in politics. The movement aimed to draw attention to issues such as wealth disparity and the power of the financial sector. Over the following weeks, the number of participants varied, with larger crowds during events and marches.

Who built the first wall on Wall Street?

The first wall on Wall Street was built by Dutch settlers in 1653 as a defensive structure to protect against potential attacks from Native Americans and the British. This wooden wall was erected along what is now Wall Street in Lower Manhattan, marking the beginning of the area’s name. Over time, the wall was dismantled, but the name "Wall Street" persisted, becoming synonymous with finance and commerce.

Why did the Wall Street crash make things worse between the countries?

The Wall Street crash of 1929 intensified economic turmoil globally, leading to a severe contraction in trade and financial relations between countries. Many nations adopted protectionist policies, such as tariffs, to shield their economies, which further stifled international commerce and deepened the Great Depression. This economic strife fostered resentment and distrust among countries, contributing to political instability and the rise of extremist movements. As nations struggled to recover, the lack of cooperation and collaboration exacerbated tensions, setting the stage for future conflicts.

Who is statue is in front of federal hall on wall street?

The statue in front of Federal Hall on Wall Street is of George Washington. It commemorates his inauguration as the first President of the United States in 1789, which took place at this historic site. The statue, created by sculptor John Quincy Adams Ward, was unveiled in 1883 and symbolizes Washington's role in the founding of the nation.

In 1792 24 stockbrokers signed an agreement under a tree on Wall Street in Manhattan. This event was the foundation of the future?

In 1792, the signing of the Buttonwood Agreement by 24 stockbrokers marked the establishment of organized securities trading in the United States. This event laid the groundwork for what would eventually evolve into the New York Stock Exchange (NYSE). The agreement set rules for trading and commissions, fostering a more structured financial market. This pivotal moment is considered a key milestone in the development of modern finance and stock trading.

What is the global significance of Wall Street to the economic?

Wall Street serves as a vital hub for global finance, influencing economic trends and investment strategies worldwide. It houses major stock exchanges and financial institutions that facilitate capital flow, impacting markets and economies across nations. As a barometer of economic health, fluctuations on Wall Street can trigger ripple effects in international markets, shaping investor confidence and economic policy globally. Its interconnectedness underscores the importance of financial stability and regulation in an increasingly globalized economy.

What did Hoover do wrong in response to the Wall Street crash?

Herbert Hoover's response to the Wall Street crash of 1929 is often criticized for being insufficient and overly cautious. He believed in limited government intervention, which led him to rely on voluntary measures rather than direct relief efforts, leaving many people without immediate support. Additionally, his reluctance to provide direct aid to individuals and his emphasis on balancing the budget during a time of economic crisis exacerbated the situation, contributing to the deepening of the Great Depression. Overall, his policies were seen as inadequate to address the scale of the economic collapse.

Wall Street Crash of 1929 who was president?

The Wall Street Crash of 1929 occurred during the presidency of Herbert Hoover. The crash began on October 24, 1929, and marked the beginning of a severe economic downturn known as the Great Depression. Hoover's administration faced significant criticism for its handling of the economic crisis, as many believed it failed to provide adequate relief and recovery measures.

What is the significance of the subtitle a story of wall street?

The subtitle "A Story of Wall Street" underscores the narrative's focus on the financial district as a microcosm of broader economic themes, such as ambition, greed, and the quest for success. It highlights the dramatic interplay between individual aspirations and systemic forces within the financial world. This framing invites readers to explore the impact of Wall Street on society, as well as the moral complexities inherent in the pursuit of wealth. Ultimately, it positions Wall Street not just as a setting, but as a character in its own right, shaping the stories of those who inhabit it.

Where do you get a Medallion Guarantee Stamp in Hawaii?

In Hawaii, you can obtain a Medallion Guarantee Stamp from various financial institutions, including banks and credit unions. Many local branches of national banks also offer this service. It's advisable to call ahead to confirm availability, as not all locations provide Medallion Guarantee services. Additionally, some brokerage firms and financial advisors may offer this service to their clients.

What was the stock price for millipore corporation in 1984?

Millipore Corporation's stock price in 1984 varied throughout the year, as stock prices fluctuate due to market conditions. However, specific historical stock prices can be difficult to pinpoint without access to detailed financial databases or archives. For precise figures, you may want to consult financial records or databases that track historical stock prices, such as Yahoo Finance or Bloomberg.

Who are the employees at 111 wall street?

Employees at 111 Wall Street primarily include professionals from various sectors such as finance, law, and insurance, as the building houses many financial institutions and corporate offices. Notable tenants include investment banks, asset management firms, and legal practices. This diverse workforce contributes to the vibrant business environment in one of New York City's key financial districts.