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
Wall Street Street employees may exhibit greedy and self-interested behaviours to the public, these behaviours are justified through their own value system and social practices. Various anthropologists have conducted research on Wall Street and it is their research which can confirm the negative views of Wall Street while providing the public with information that can contribute to a better understanding of how Wall Street workers perceive themselves. Anthropologist Karen Ho, who has conducted ethnographic research on Wall Street, states in Situating Global Capitalisms that the markets are beginning to self-regulate themselves in terms of neoliberalism. Through the perception of the public, financial