Bringing Back Glass-Steagall Would Rebuild Shattered Confidence In Wall Street - Investigations after the 1929 stock market crash revealed widespread conflicts of interest and outright fraud in the activities of financial firms leading up to the Great Crash.  It was the worst financial catastrophe the country has ever experienced and preceded the Great Depression. It was clear that financial firms had become too big, too powerful, and too greedy.

CHART OF THE DAY: Greece's Stock Market Collapse Vs. The Crash Of 1929 - It's 1929 all over again, but not in the U.S. As Greek markets hit levels not seen since the 90s, we thought it appropriate to look at how the Dow performed during the Great Depression.

Green Mountain Margin Call Latest Sign Market Is Stuck in 1929 - The Green Mountain chairman stock scandal is part of a long and controversial line of executives using company stock as collateral for personal investments.

The Big Reason for Facebook's Fizzled IPO: Advertising Pains - As Facebook's stock continues its slump, now trading even lower than yesterday's low, the Internet has reached a consensus on why the IPO of the year isn't performing: Advertising. It's how Facebook makes its dollars. And, it has made a lot of dollars this way. But it's not clear Facebook's very good at it, or will get good enough at it to justify a $38 per share price. Hence the investor worry ...

How low will Facebook's stock go? - MoneyWatch: Morgan Stanley may have to do more buying to keep price above $38  Complete Coverage

The case of over-gearing in properties and increased liabilities - ONE of the most prominent businessmen in the 20th century was a man called Joseph P. Kennedy (President John F. Kennedy’s father). In the 1920s, Joe Kennedy invested in stocks and later claimed that he knew it was time to get out of the stock market when he received stock tips from a shoe-shine boy. The rampant stock speculation of the time eventually led to the 1929 stock market crash and ...

Bin Laden's Death: Any President Would Have Done the Same - COMMENTARY | Being president is a roll of the dice. Herbert Hoover did not plan on the stock market crash of 1929. Jimmy Carter did not plan on the Iran hostage crisis. George W. Bush did not plan on September 11. We judge presidents instead on how they handle these events.

Is Europe on a cross of gold? - Increasingly, one hears predictions that the euro will go the way of the gold standard in the 1930s. And, increasingly, the reasoning behind such forecasts seems persuasive. But does that mean that the euro doomsayers are right? Following the 1929 stock market crash, Europe was hit by a massive deflationary shock. Output collapsed and unemployment soared. Unable to agree on coordinated ...

Comment on Facebook prices IPO shares at $38 apiece, stands to reap more than $18 billion - This is the same type of speculation that existed in the "Roaring 20's" and just before the crash of 1929. Overpricing and speculators make for a disaster; given the nature of Wall Street today, it will be the greatest economic failure in the history of the world (coming in 2014) when the whole *ithouse goes up in flames. If you rearrange the letters it goes from "Reap" to "Rape". Funny how ...

The jig is up - Monica Langley wrote in the Wall Street Jounal on May 18: "JP Morgan & Co Chairman and Chief Executive Officer James Dimon had just committed the most expensive blunder of his 30-year career, failing to detect the risk of trades that had begun to generate huge losses at the bank.