Black Friday (shopping) corner the gold market. When President Grant learned of this manipulation, he ordered the Treasury to release a large supply of gold, which halted the run and caused prices to drop by eighteen percent. Fortunes were made and lost in a single day, and the president's own brother-in-law, Abel Corbin, was ruined. The earliest known use of "Black Friday" to refer to the day after Thanksgiving occurs in the journal, "Factory Management and Maintenance", for November 1951, and again in 1952. Here it referred to the practice of workers calling in sick on the day after Thanksgiving, in order to
Hollywood Black Friday Hollywood Black Friday Hollywood Black Friday or "Bloody Friday" is the name given, in the history of organized labor in the United States, to October 5, 1945. On that date, a six-month strike by the set decorators represented by the Conference of Studio Unions (CSU) boiled over into a bloody riot at the gates of Warner Brothers' studios in Burbank, California. The strikes helped the passage of the Taft-Hartley Act in 1947 and led to the eventual breakup of the CSU and reorganization of the then-rival International Alliance of Theatrical Stage Employees (IATSE) leadership. The Conference of Studio Unions was,