Slide 2:
On “Black Tuesday” October 29, 1929 a total of 16, 410, 030 shares of stock were traded.
Slide 3:
The economy was doing very well.
Slide 4:
But than the stock market crashed heavily.
Slide 5:
More than $30 billion disappeared from the American Economy
Slide 6:
Then one Friday several wall street bankers meet to find a solution
Slide 7:
There solution was simple.
It was to bring $200 million of their own money back in the market.
Their plan didn’t turn out as they planned
Slide 8:
The market gets worse and many people lose their jobs
Slide 9:
The market leads into Great Depression