Wall Street Crash of 1929 rate of 133 in 1931). The 1929 crash brought the Roaring Twenties to a halt. As tentatively expressed by economic historian Charles P. Kindleberger, in 1929, there was no lender of last resort effectively present, which, if it had existed and been properly exercised, would have been key in shortening the business slowdown that normally follows financial crises. The crash marked the beginning of widespread and long-lasting consequences for the United States. Historians still debate the question: did the 1929 Crash spark The Great Depression, or did it merely coincide with the bursting of a loose credit-inspired economic bubble? Only
48 Wall Street Broadway–Seventh Avenue Line. 48 Wall Street 48 Wall Street, known at one time as the Bank of New York Building was built in 1928 on land used by the bank since 1797, on the corner of Wall Street and William Street in New York City's Financial District. It is 156 m tall. In 2001 Rockefeller Group Business Center opened their offices within this historic building. Its former banking hall has been modified to house the Museum of American Finance, which moved there in October 2007. Immediately outside is the entrance for the Wall Street subway station (served by the )