Wall Street Crash of 1929 Wall Street Crash of 1929 The Wall Street Crash of 1929, also known as the Stock Market Crash of 1929 or the Great Crash, is the stock market crash that occurred in late October, 1929. It started on October 24 ("Black Thursday") and continued until October 29, 1929 ("Black Tuesday"), when share prices on the New York Stock Exchange collapsed. It was the most devastating stock market crash in the history of the United States, when taking into consideration the full extent and duration of its after effects. The crash, which followed the London Stock Exchange's crash of September, signalled
Wall Street officers managing risk and compliance functions earned as much as $324,000 annually in New York City in 2013. On October 29, 2012,—ironically, the 83rd anniversary of "Black Tuesday," the culmination of the disastrous Wall Street Crash of 1929—Wall Street was disrupted when New York and New Jersey, an area not normally known as a hotbed of hurricane activity the way that areas much further south are, were blasted by Hurricane Sandy. Its 14-foot-high storm surge, a local record, caused massive street flooding in many parts of Lower Manhattan. Power to the area was knocked out by a transformer explosion at