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 and deceitful gains. However, this is not what Wall Street investors are bothered by. Instead, it is the public's words and opinions which they feel mold their image. Sjöberg notes that in the American culture, money making is of utmost importance and knowing how to make money is considered to be respectable. Therefore, Wall Street investors prioritize their work as well as strive to climb the corporate ladder. They also feel obligated to maintain the image the public creates, because it strengthens their position as a Wall Street employee. They value seeing themselves as experts in their field, especially since