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 Black Wall Street Records The Black Wall Street Records The Black Wall Street Records was a record label founded by Jayceon "Game" Taylor and his half-brother George "Big Fase 100" Taylor III. The name "The Black Wall Street" is adopted from what was the racially segregated Greenwood neighborhood of Tulsa, Oklahoma. During the oil boom of 1920's, Greenwood was home to several successful and prominent African-American entrepreneurs. Before The Documentary, Game dropped a series of mixtapes on his own label, The Black Wall Street. After leaving G-Unit Records, Game hoped to push The Black Wall Street to the mainstream to compete with his former