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
The Wall Street Shuffle The Wall Street Shuffle "The Wall Street Shuffle" is a single by the British pop/rock band 10cc released in 1974. The song originally appears on the band's 1974 album "Sheet Music". It was the most successful single to be released from the album, reaching No. 10 on the UK chart. The song features a classic rock riff and lyrics that deal with Wall Street and the economy. It features several topical cultural references and specifically mentions Getty, Rothschild and Howard Hughes. The song remains popular with fans and is often performed live in concert. A live performance was included on