This Week in Wall Street History August 17 - 23
Whether having committed an iconic prank of disgusting defiance or hilarity, instigators "George Metesky and friends" better known as Abbie Hoffman, Jerry Rubin, Stew Alpert and other members of the Youth International Party (Yippies) swarmed the NYSE visitors gallery on August 24, 1967 and tossed dozens of dollar bills over the railing onto the trading floor below.
posted: Sunday August 17th - 9:00am
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This Week in Wall Street History August 10 - 16
Marking the triumphant return of World War II soldiers, the NYSE closed for business on August 15 and 16, 1945 in honor of the nation's V-J Day...and joined in the glorious parade up the hallowed "Canyon of Heroes" in the financial district.
posted: Sunday August 10th - 9:00am
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This Week in Wall Street History August 3 - 9
posted: Sunday August 3rd - 9:00am
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This Week in Wall Street History July 27 - August 2
posted: Sunday July 27th - 9:00am
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This Week in Wall Street History July 20 - 26
posted: Sunday July 20th - 9:00am
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This Week In Wall Street History July 13 - 19
posted: Monday July 14th - 6:00am
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This Week in Wall Street History July 6 - 12
posted: Monday July 7th - 6:00am
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This Week in Wall Street History June 29 - July 5
The granddaddy of all federal U.S. trust busting attempts -- the Sherman Antitrust Act -- was signed into law this week on July 2, 1890.
posted: Monday June 30th - 7:46am
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This Week in Wall Street History June 22 - 28
A significant slice of broadcast journalism bid adieu as “Wall $treet Week,” an innovative financial program forever associated with longtime host Louis Rukeyser, aired its last show this week on June 24, 2005.
posted: Monday June 16th - 10:16am
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This Week In Wall Street History June 9th-13th
Scion of noted philanthropist John D. Rockefeller, Jr., and Standard Oil’s John D. Rockefeller, Sr., financier and global statesman David Rockefeller Sr. celebrates his 93rd birthday this week on June 12th.
posted: Monday June 9th - 12:25pm
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This Week In Wall Street History June 2-6
President Franklin Delano Roosevelt enacted the Securities Exchange Act of 1934 this week on June 6th.
posted: Monday June 2nd - 3:18pm
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This Week In Wall Street History May 26-30
The intelligent and ultra-conservative journalist heralded for his scientific approach to the markets, Charles Henry Dow, first published his average of industrial stocks this week on May 26th, 1896.
posted: Monday May 26th - 2:05pm
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This Week In Wall Street History: May 19-23
Named after the Socialist Labor Party’s Arm and Hammer symbol, the quintessential art collector and savvy capitalist Armand Hammer was born this week on May 21,1898.
posted: Monday May 19th - 12:02pm
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This Week In Wall Street History: May 12-18
Acting on Alexander Hamilton’s view that “…there must be a line of separation between honest men and knaves, between stockholders and dealers in the funds, and mere unprincipled gamblers,” a group of 24 men formed the predecessor to the New York Stock Exchange, this week on May 12, 1792.
posted: Monday May 12th - 3:37pm
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This Week In Wall Street History: May 5-11
One of the monumental battles between two Wall Street egos -- that of Edward Henry Harriman, head of the Union Pacific Railroad and J.P. Morgan, the banking tycoon and owner of practically the rest of America’s railroad empire -- came to a head this week in 1901.
posted: Monday May 5th - 3:36pm
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This Week In Wall Street History: April 28-May 4
Considered to be the best land-grab bargain in U.S. history, the Louisiana Purchase, dated April 30, 1803, was signed this week on May 2 with France.
posted: Monday April 28th - 3:34pm
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This Week In Wall Street History: April 21-27
The lucky number 13 was crossed -- and held -- as the Dow Jones Industrial Average closed above 13,000 for the first time in history, this week on April 25th, 2007.
posted: Monday April 21st - 3:33pm
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This Week In Wall Street History: April 14-20
Dubbed the “Queen of Mean,” the tyrannical Leona Helmsley headed off to Federal prison on, ironically, the last day of tax reckoning, this week on April 15, 1992.
posted: Monday April 14th - 3:32pm
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This Week In Wall Street History April 7-13
In a last-ditch effort to keep their sagging ballclub in their hometown of Milwaukeee, a public stock offering of 115,000 shares in the Milwaukee Braves was withdrawn after only 13,000 shares were sold. It happened this week on April 7, 1963.
posted: Monday April 7th - 3:31pm
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This Week In Wall Street History March 31-April 6
Acknowledging several foreign policy failures, President James Madison imposed a ninety-day embargo on British goods- an early example of official economic sanctions- this week on April 4th 1812.
posted: Monday March 31st - 6:29am
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This Week In Wall Street History March 24-30
The first stock market panic of the United States of America, in common parlance a ‘pump and dump’ scandal- occurred this week in 1791, courtesy of speculative actions by former Assistant Secretary of the Treasury, William Duer.
posted: Monday March 24th - 3:28pm
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This Week In Wall Street History March 17-23
Today’s financial services giant and Dow Jones Industrial Average member, American Express humbly began as a horse driven, express shipping business this week on March 18th 1850.
posted: Monday March 17th - 9:26am
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This Week In Wall Street History Mar 10-16
Located in the heart of New York’s financial community at Broadway and Wall Street, the historic Episcopal parish of Trinity Church welcomed worshipers this week on March 13th, 1698.
posted: Monday March 10th - 3:16pm
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This Week In Wall Street History Mar 3-9
Disciple of Ayn Rand and master of terse, confusing Congressional testimony, former Chairman of the Federal Reserve Bank, Alan Greenspan was born this week on March 6, 1926.
posted: Monday March 3rd - 3:15pm
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This Week In Wall Street History Feb 25-Mar 2
One of the most spectacular blow-ups in trading history, courtesy of a massive derivatives position on the Nikkei 225 index, occurred this week on February 26th 1995… sinking the City’s oldest merchant bank, the 233 years old Barings Bank.
posted: Monday February 25th - 3:11pm
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This Week In Wall Street History Feb. 18-24
Perennial bad boy Mickey Rourke stars as a Wall Street financier (John Grey) with an obsession for food and an extreme desire for blonde bombshell played by Kim Basinger (Elizabeth McGraw)… in the steamy drama 9 1/2 Weeks, released this week on February 21st, 1986.
posted: Monday February 18th - 4:48pm
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This Week In Wall Street History: February 11th-17th
Responding to a groundswell of public outcry against Big Business behemoths, President Theodore Roosevelt enacted the Expedition Act to toughen up ineffectual federal anti-trust curbs, this week on February 11, 1903.
posted: Monday February 11th - 6:00am
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This Week in Wall Street History: February 4th-10th
With the patronage of millionaire mentor Cornelius Vanderbilt, two captivating sisters, Victoria Claflin Woodhall and Tennessee Celeste Claflin, opened the first women's brokerage firm in the Hoffman House Hotel, NYC - this week on February 5th, 1870.
posted: Monday February 4th - 6:00am
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This Week in Wall Street History: January 28th-February 3rd
With the help of Congress, President Franklin D. Roosevelt enacted the Gold Reserve Act, this week on January 31st, 1934.
posted: Monday January 28th - 6:00am
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This Week in Wall Street History: January 21st-27th
Apple Computers, Inc. debuted its Macintosh personal computer this week on January 22nd, 1984.
posted: Monday January 21st - 6:00am
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This Week in Wall Street History: January 14th-20th
President George H.W. Bush launched Operation Desert Storm on January 16th 1991.
posted: Monday January 14th - 6:00am
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This Week in Wall Street History: January 7th-13th
Alexander Hamilton’s financial acumen was on display throughout his life, including his founding of the Bank of New York (1784), the oldest ongoing banking organization in the United States.
posted: Monday January 7th - 6:00am
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This Week in Wall Street History: December 31st-January 6th
John D. Rockefeller formed one of the largest major industry monopolies, the Standard Oil Trust, this week on January 2nd, 1892.
posted: Monday December 31st - 6:00am
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This Week in Wall Street History: December 24-30
Once richest man in the world, Howard Robard Hughes, Jr. was born on December 24th 1905.
posted: Monday December 24th - 6:00am
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This Week in Wall Street History: December 17-23
Hindsight is everything when it comes to ... everything!
posted: Monday December 17th - 6:00am
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This Week in Wall Street History: December 10-16
Director Oliver Stone’s masterpiece film ~Wall Street~, released on December 11, 1987, reflected the zeitgeist of the 1980’s – where the greedy “yuppie” stockbroker culture was a barometer for society’s excesses.
posted: Monday December 10th - 6:00am
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This Week in Wall Street History: December 3-9
During the week of December 3 1927, the share volume of stocks traded on the NYSE set a record, topping the previous total number of shares changing hands any previous week in the entire history of the Exchange.
posted: Monday December 3rd - 7:37am
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This Week in Wall Street History: November 26-December 2
On December 2, 2001, the Enron Corporation, (NYSE:ENE) filed “Voluntary Petitions for Chapter 11 Reorganization” with the U.S. Bankruptcy Court in the Southern District of New York, earning a place in US financial history as one of the largest bankruptcies, ever … and as poster child (with former accounting firm Arthur Andersen) for blatant fraud, corporate failure and blinding greed.
posted: Monday November 26th - 7:05am
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This Week in Wall Street History: November 19-25
It was during the middle (EST) of the trading day in 1963 and investors had just heard the news that President John F. Kennedy had been shot while riding in a motorcade in Dallas. Although initial reports were unclear – as confirmed reports of the President’s death were not initially broadcast – investors (predictably) began to panic and sell stocks.
posted: Monday November 19th - 3:55pm
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This Week In Wall Street History: November 12-18
On November 15, 1867, the first stock ticker (named for the sound its type wheel made) debuted on the NYSE. Invented by Edward Augustus Calahan of the Gold & Stock Telegraph Company in 1863, it enabled stock price quotes to be printed on streams of paper, allowing for the first time, seamless transmitted price updates directly from the exchange floors to brokers and investors across the country.
posted: Monday November 12th - 3:53pm
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