Wall Street Crash of 1929 rate of 133 in 1931). The 1929 crash brought the Roaring Twenties to a halt. As tentatively expressed by economic historian Charles P. Kindleberger, in 1929, there was no lender of last resort effectively present, which, if it had existed and been properly exercised, would have been key in shortening the business slowdown that normally follows financial crises. The crash marked the beginning of widespread and long-lasting consequences for the United States. Historians still debate the question: did the 1929 Crash spark The Great Depression, or did it merely coincide with the bursting of a loose credit-inspired economic bubble? Only
The Wall Street Transcript From the late 1960s through late 1970s, Holman was involved in a series of court cases with the U.S. Securities and Exchange Commission (S.E.C.), focused around whether the "Wall Street Transcript" published investment news or investment advice. The case ultimately ended in 1978 with "S.E.C. v. Wall Street Transcript", in which the publication was determined to be a legitimate news organization and not an investment adviser. Holman was born in New York City, son of former New York state assemblyman Abraham Goodman. He graduated from Cornell University and served in the Army during World War II in Japan and the