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en.wikipedia.org/wiki/Black_Friday_(1869)

The Black Friday, September 24, 1869, gold panic was caused by the efforts of two speculators, Jay Gould and his partner James Fisk, (AKA The Gold Ring) to corner the gold market on the New York Gold Exchange. The scandal took place during the Presidency of Ulysses S. Grant whose policy was to sell Treasury gold at ...

www.history.com/news/the-black-friday-gold-scandal-145-years-ago

Sep 24, 2014 ... On September 24, 1869, the U.S. financial sector descended into chaos after rebel speculators Jay Gould and Jim Fisk attempted to corner the nation's gold market. The robber barons hoped to make a mint by driving the price of gold into the stratosphere, and to help pull it off, they built a network of ...

www.britannica.com/event/Black-Friday

Black Friday, in U.S. history, Sept. 24, 1869, when plummeting gold prices precipitated a securities market panic. The crash was a consequence of an attempt by financier Jay Gould and railway magnate James Fisk to corner the gold market and drive up the price. The scheme depended on keeping government gold off the ...

www.american-historama.org/1866-1881-reconstruction-era/black-friday-scandal.htm

Summary and Definition of Black Friday Scandal Definition and Summary: The Black Friday Scandal, also known as the Gold Panic and the Fisk/Gould scandal, was an attempt by two aggressive Wall Street speculators, Jay Gould and his partner James Fisk, to corner the gold market on the New York Gold Exchange.

www.nytimes.com/learning/general/onthisday/harp/1016.html

his cartoon shows the before and after pictures of an investor affected by crash of the gold market on September 24, 1869. "Black Friday," as it became known, was the result of an attempt by financiers Jay Gould and James Fisk to corner the gold market. Action by the Grant administration foiled their scheme and prevented ...

www.investinganswers.com/financial-dictionary/stock-market/black-friday-912

In the investing world, Black Friday refers to the gold crisis of September 24, 1869 . It sometimes also refers to the New York Stock Exchange crash of September 19 , 1873. In the retail world, Black Friday is the day after Thanksgiving (which is always on a Thursday). The day marks the advent of the holiday shopping season ...

study.com/academy/lesson/black-friday-scandal-of-1869-history-lesson-quiz.html

President Ulysses S. Grant was considered one of the great military minds of the Civil War. In the years after the War, the American public chose him as president, only to find Grant and his administrations shrouded in scandal. The Black Friday scandal was one of the first. Develop an understanding of the scandal and test ...

www.armstrongeconomics.com/panic-of-1869

Black Friday. The period of 1864-1869 is an interesting one to say the least. The confidence in government was at an all time low. The infamous “Black Friday” was a term first coined to describe September 24, 1869. This was a day of financial panic of major proportions – so serious that the government called out the militia ...

libertystreeteconomics.newyorkfed.org/2016/01/crisis-chronicles-the-gold-panic-of-1869-americas-first-black-friday.html

Jan 20, 2016 ... Crisis Chronicles: The Gold Panic of 1869, America's First Black Friday. Donald P . Morgan and James Narron LSE_2016_cc-panic-1869_morgan_460_art. Wall Street in the late 1860s was a bare-knuckles affair plagued by robber barons, political patronage, and stock manipulation. In perhaps the most ...