Then and Now

October 24 1929: Then People gather on the sub-treasury building steps across from the New York Stock Exchange on Black Thursday. Thousands of investors lost their savings in the stock market crash after a five-day frenzy of heavy trading. Too much speculation with borrowed money had inflated market values unrealistically.







Oct 9, 2008 : Now The TV news media attract onlookers in front of same building now known as Federal Hall, while broadcasting coverage of nearby New York Stock Exchange as Dow Jones drops another 670 Pts to breach 9000 level after a five day frenzy of 2000 Pts loss. Only billions watch this story unfold world-wide in their Pajamas.