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Oct 14, 2025
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The greed, blind optimism, and folly that led to the most infamous stock market crash in history, the crash of 1929 was an era-defining collapse and caused ripple effects that still shape our society today. The world watched in shock as the unstoppable Wall Street bull market went into a freefall, wiping out fortunes and igniting a depression that would reshape a generation. Behind the flashing ticker tapes and panicked traders, another drama unfolded — one of visionaries and fraudsters, titans and dreamers, euphoria, and ruin.
With unparalleled access to historical records and newly uncovered documents, New York Times bestselling author Andrew Ross Sorkin of Too Big to Fail, about the 2008 banking crisis, describes the chaos of that crash in his new book 1929: The Inside Story of the Greatest Crash in Wall Street History and and takes us behind the scenes of a raging battle between Wall Street, Washington and the larger-than-life characters whose ambition and naivete led to disaster including the dizzying highs and brutal lows of this era which eerily mirror today’s world — where markets soar, political tensions mount, and the fight over financial influence plays out once again.
It’s not just a story about money but a tale of power, psychology, and the seductive illusion that “this time is different.” It was about disregarding alarm bells, financiers who fell from grace, and skeptics who saw the crash coming — only to be dismissed until it was too late offering lessons that remain as urgent as ever, crucial blueprints for understanding the cycles of speculation, the forces that drive financial upheaval, and the warning signs we ignore at our peril.
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