Wall Street is a street name in the suburbs of Manhattan in New York stretching from the east, from Broadway down the valley to the South Street on the East River, through the historical center of the American financial district of Manhattan.
Wall Street is the first permanent home of the New York Stock Exchange, and over time Wall Street became the name of the surrounding geography. Wall Street is also a term used for the “influential financial interests” in America.
The collapse of Wall Street in 1929, also known as the Collapse of ’29, or, in English, The Wall Street Crash of 1929 was the fall of the stock market in the United States, which marks the beginning of an era called the Great Depression. This collapse is one of the events most major market crash in American history.
Market crash event is also known in some stages better known as Black Friday (Black Thursday) which is the beginning of the collapse in the stock and Black Tuesday (Black Tuesday) is when the destruction occurred which caused panic until five days later.
Previously, Built in 1914, Wall Street is known as the “House of Morgan” and for decades the bank’s headquarters was the most important address in American finance. On the afternoon of September 16, 1920, a bomb exploded in front of the bank, killing 38 people and injuring 300 others. Shortly before the bomb went off, a letter placed in a mailbox at the corner of “Cedar Street” and the “Broadway”.
This mystery has not been solved until now. Since the bomb exploded a horse and buggy parked on the street across from the JP Morgan building (Wall Street) has five hundred pounds of cast iron slugs and one hundred pounds of dynamite. Horse and carriage was destroyed, bounced up into pieces. Someone found a note in the corner of Broadway and Cedar Street that warns people that the bomber would not tolerate anyone. They want political prisoners freed or more deaths will occur. They eventually signed a record American Anarchist Fighters.
After the bombing occurred many theories circulating about who’s behind the Wall Street bombing and why they did it. But after 20 years of investigation into the matter, the FBI closed the case without ever finding the perpetrators. Bombs targeted at financial institutions and workers. It’s not like other bombings that occurred at times when government officials and police were targeted. The newspapers called the bombing as an act of war. But unfortunately it is not called terrorism.