Sunday, October 14, 2007
100 years ago
NPR : Lessons from Wall Street's 'Panic of 1907': "On Oct. 17, 1907, panic began to spread on Wall Street after two men tried to corner the copper market. In the months preceding the panic, the stock market was shaky at best; banks and securities firms were contending with major liquidity problems. By mid-October, Wall Street was paralyzed; for days, there were runs on several large banks.
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