It doesn't say much about our learning curve, but as frightening as all of this economic news seems, we've been through it all before. More than once.
GVA Williams broker and history buff Richard Warshauer and political historian James Kaplan, also an attorney, will lead this year's 20th annual financial history tour of Lower Manhattan, sponsored by the Museum of American Finance, on Oct. 25 at 1 p.m.
The tour promises to commemorate "the Great Crash of 1929, the Panic of 1907 and the 1987 stock market collapse, as well as [delve] into the political, financial, real estate and architectural history of Wall Street and New York City. The tour shows that despite such adversities as the Great Fires of 1776 and 1835, financial panics of the 19th century, the 1920 Wall Street explosion, the Crash of 1929, the stock market collapse of 1987, the terrorist attack of September 11, 2001 and the mortgage crisis of 2008, New York and Wall Street have always recovered their position as the world’s financial capital."
Here's the full release below: read more »