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On 20 September 1929 the London Stock Exchange committee immediately suspended all shares of the Hatry group, which had been worth about £24 million (equivalent to £1,842,960,000 in 2023). On that day, Hatry and his leading associates confessed to fraud and forgery in the office of Sir Archibald Bodkin , the Director of Public Prosecutions ...
Crowd gathering on Wall Street after the 1929 crash. The Wall Street crash of 1929, also known as the Great Crash, was a major stock market crash in the United States which began in late October 1929 with a sharp decline in prices on the New York Stock Exchange (NYSE) and ended in mid-November.
20 August – First transmissions of John Logie Baird's experimental 30-line television system by the BBC in London. [8] 2 October – The union between the Church of Scotland and the United Free Church of Scotland takes place. 28 October – Sharp fall on the London Stock Exchange, following a similar crash on Wall Street on 24 October. [3] 1 ...
I've been in the Library of Congress lately reading financial newspapers from the week of the October, 1929 stock market crash that ultimately crushed the Dow Jones by nearly 90%. Last week, I ...
The Wall Street Crash of 1929. Perhaps the most well-known stock market crash in history, the Crash of 1929 was the worst, and longest-lived crash we've had. From September 1929 through July 1932 ...
September 20: The London Stock Exchange crashes after the collapse of Hatry Group on charges of fraud and forgery. £24 million in value is wiped out. The collapse shakes the confidence of American investors in the security of overseas investments. October 24: Wall Street Crash of 1929 begins. Stocks lose over 11% of their value upon the ...
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Souk Al-Manakh stock market crash: Aug 1982 Kuwait: Black Monday: 19 Oct 1987 USA: Infamous stock market crash that represented the greatest one-day percentage decline in U.S. stock market history, culminating in a bear market after a more than 20% plunge in the S&P 500 and Dow Jones Industrial Average. Among the primary causes of the chaos ...