Wall Street

MIDTERM #2 Question #1 It was the investment bankers of Wall Street who were the original, principal innovators of the symbolic framing of Corporate America in the 1980s. The capitalist realized that it was something wrong with the Corporate America, due to the exogenous system shock in the 80s. The investments bankers symbolically framed the managers because they were “betraying” the owners by using the conglomerate strategy. This strategy has been used since the 1960s to avoid a potential…

The 1980’s the United States was in terrible shape. This was the worst of the American economy, since the Great Depression. 1980 was a renewed push for capitalism and business. The economy resumed upward. A New York Times article had said that the flushness of money and growth during these years created a drug culture. The film inside jobs talked about how many people were using cocaine and hired hookers since the economy was doing well, but then it crashed. In 1987 the stock market…

Poverty in Homelife, Work, and Social life; the Effect it has on Women in Guilded Age New York City and it 's Correlation to Maggie by Stephen Crane The Guilded Age was the time period from around 1890 to 1920. It was a time period of massive immigration to American cities, urbanization, and industrialization. There were large changes to the economy around the country but the places affected the most were the larger cities, for example, New York City. With an influx of population in these…

you about one of America’s hardest times, they would almost 100% say something about the great depression. They would say the great depression because it was the worst economic downturn in history. It began after the stock market crash which set wall street into a panic and wiped out millions of investors. The great depression had a major impact on the United States socially, politically, and economically. The people of America were greatly impacted socially. Before the great depression,…

over $10 billion in market value. That’s the equivalent of $296 billion today. It was more than the total cost of WWI. It destroyed confidence in Wall Street markets. The first day of the crash was Black Thursday. The Dow opened at 305.85. It immediately fell 11 percent, signaling a stock market correction. Trading was triple the normal volume. Wall Street bankers bought shares to prop it up. The strategy worked by the end of the day, the Dow was down just 2 percent. On Friday, the momentum…

The failure of the economic system in the United States in the decade leading up to 1929 is a primary reason for the Wall Street Crash of 1929. Some of the economic system failures include a weakened banking system, an increase in the amount of credit granted to the public, and stock companies allowing the short purchasing of stock (Pettinger, 2012). During the 1920s there were over 30,000 small to medium sized banks with a limited amount of deposits. When the public made a run on the banks…

Great Depression and The Stock Market Crash The Great Depression peaked in 1932. It got so bad, that over 6,000 people walked the streets in New York City trying to sell apples for 5 cents each. When the stock market crashed in 1929, it took until 1954 for the stock market to return to pre-depression. The average income of the American family dropped by 40 percent from 1929 to 1932. Income fell from $2,300 to $1,500 per year. The Great Depression and The Stock Market Crash was an iconic and a…

end of the [Black Tuesday] over 16.4 million shares had changed hands, and the times average had fallen another 43 periods” (49). The Wall Street Crash of 1929 was intentionally plan to allow investors to borrow money to buy stocks and bond. Many investors took advantage of the Stock Market which caused the Stock Market to had a big crisis and caused the Wall Street Crash of 1929 to happen Since the Stock Market lost billions of dollars, it damaged the investors who were…

fathers felt they could not support their families and would leave sometimes so now the mom was stuck taking care of the children alone and looking for a job. The crash made Americans realized how quickly their lives could change, and how much wall street affected the economy making Americans learn a…

Morgan organized Wall Street. Morgan Rallied the few people that had little to spare and put it towards the banking funds that was needed to help out and save the crash. The panic eventually led to the governmnent to creat Federal Reserve. In the crash of 1929, the Fed took to oppisite course. The money was cut down to about a third of what it was to begin with, with hope this would help. The banks continued to go under due to liquidity problems. The whole thing was to give Wall Street some…