September 24th, 2011 | Books for Today!
September 24, 1869 is called Black Friday or the Fisk/Gould scandal. Financial panic was caused by two financiers trying to corner the market on gold throughout the summer of 1869 pushing the price of gold up. The price of gold plummeted on September 24 when the government put $4 million worth of gold into the open market. Many people holding gold were financially ruined by the drastic drop in price. James Fisk and Jay Gould who had hoarded gold and pushed the price up, did not suffer great loss.
Markets still suffer ups and downs. Learn about them in
The Wall Street Journal Guide to Understanding Personal Finance see details
September 17th, 2011 | Quotes from Authors
Jarrett went to the cooler and grabbed a beer. "Want one?" he asked Clay.
"What time is it?"
"Time for a beer, I guess."
"I haven't finished my coffee yet."
John Grisham in
The King of Torts see details