Economy
Millions of losses in the bank crash
More than four thousand millions of dolars were discounted and more than two hundred sixty thousand actions of different companies were lost. At the end of last Thursday 24th, the fall was only 12 points, hardly nothing, but it had left in the most complete ruin to many American families.
People in New York after the bank crash |
The 25th of march of this year, the index fell 9,5 points. The scare was quickly forgotten and soon the Stock Exchange began to rise again with force. It was just a fall before continuing to climb, thought most. On the other hand, some investors took advantage of the two days of falling to buy "cheaper".
Colapse in Wall Street. |
On Thursday, October 24, according to historians, it was the first day of panic. That day 12 894 650 actions were transferred, many of them at prices that destroyed the dreams and hopes of those who had possessed them.
The worst part of this unfortunate fact are the numerous suicides of presidents of various companies when they discovered that their actions had gone down dramatically.