Wall Street Crash of 1929 one aspect of the crash: It wiped out billions of dollars of wealth in one day, and this immediately depressed consumer buying. The failure set off a worldwide run on US gold deposits (i.e. the dollar), and forced the Federal Reserve to raise interest rates into the slump. Some 4,000 banks and other lenders ultimately failed. Also, the uptick rule, which allowed short selling only when the last tick in a stock's price was positive, was implemented after the 1929 market crash to prevent short sellers from driving the price of a stock down in a bear raid. The stock
60 Wall Street in the world. It will reduce the Bank's electricity consumption from the grid and will decrease carbon emissions by 100 metric tons per year. Installation was completed in January 2012. 60 Wall Street 60 Wall Street is a 47-story skyscraper (745 feet, 227 meters) on Wall Street in the heart of the Financial District in Lower Manhattan, and it currently serves as the American headquarters of Deutsche Bank. It is built in the postmodern style. Built between 1987 and 1989 as the headquarters for J.P. Morgan & Co. (now absorbed into JPMorgan Chase), the tower has over 1.7 million square