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 investors take on a role that has already been established for them. It is both appropriate and fitting to call Wall Street a culture because of the system of values and practices it holds onto. Moreover, anthropological insight can help improve the general public's understanding of Wall Street and in turn allow the public to appreciate the culture of Wall Street which is both logical and sensible to the workers themselves. Professor Katarina Sjöberg argues in "The Wall Street Culture" that within the media negative images of Wall Street are painted in terms of the district's market falls, money losses