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Posted on 30 Mar 2011 | 14,333 views
American Telephone and Telegraph AT&T October 1929 Stock Market Crash

AT&T’s roots stretch back to 1875, with founder Alexander Graham Bell’s invention of the telephone.The American Telephone and Telegraph Company was incorporated on March 3, 1885 as a wholly owned subsidiary of American Bell, chartered to build and operate the original long distance telephone network.

Crash of 1929 »

Posted on 19 Mar 2011 | 11,235 views
What Caused the 1929 Stock Market Crash

The Roaring Twenties, the decade that led up to the Crash, was a time of wealth and excess. Despite caution of the dangers of speculation, many believed that the market could sustain high price levels. Shortly before the crash, economist Irving Fisher famously proclaimed, “Stock prices have reached what looks like a permanently high plateau.”