Wall Street Lays An Egg Wall Street Lays An Egg Wall Street Lays An Egg describes a headline printed in "Variety", a newspaper covering Hollywood and the entertainment industry, on October 30, 1929, over an article describing Black Tuesday, the height of the panic known as the Wall Street Crash of 1929 (the actual headline text was WALL ST. LAYS AN EGG). It is one of the most famous headlines ever to appear in an American publication and continues to be noted in history books into the 21st century. "Laying an egg" is an American idiom, current particularly in 20th century show business, meaning "failing
Wall Street to research analysts, shareholders, and financial institutions such as investment banks. Whereas "Main Street" conjures up images of locally owned businesses and banks, the phrase "Wall Street" is commonly used interchangeably with the phrase "Corporate America". It is also sometimes used in contrast to distinguish between the interests, culture, and lifestyles of investment banks and those of Fortune 500 industrial or service corporations. According to the discipline of anthropology, the term culture represents the customs, values, morals, laws and rituals which a particular group or society shares. In the public imagination, Wall Street represents economics and finance. However, although Wall