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 Lays An Egg badly". "Variety" was noted for the slangy, breezy style of prose in its headlines and body text. Another famous headline in the paper was "Sticks Nix Hick Pix". According to author Ken Bloom, "Variety" publisher Sime Silverman wrote the headline. However, Robert John Landry, who worked at "Variety" for 50 years, including as managing editor, says it was written by "Variety" city editor Claude Binyon. The phrase is sometimes still used to invoke the Great Crash. For example, the sub-chapter describing the Crash in the 1973 book "A Random Walk Down Wall Street" is titled "Wall Street Lays An Egg",