1929: Inside the Greatest Crash in Wall Street History--and How It Shattered a Nation

Extracted Attributes

• Genre

  Financial History

• Title

  1929: Inside the Greatest Crash in Wall Street History--and How It Shattered a Nation

• Author

  Andrew Ross Sorkin

• Key Theme

  Parallels between 1929 and modern financial markets (AI, private credit, speculation)

• Research Basis

  Hundreds of previously unpublished documents

• Publication Date

  2025-10-14

• Author's Profession

  Co-anchor of CNBC's Squawk Box

Timeline

• General Motors pioneered Consumer Credit, changing American aversion to debt. (Source: Related Documents)

  1919

• Black Thursday, the start of the Stock Market Crash of 1929, with investors trading a record 12.9 million shares. (Source: Web Search)

  1929-10-24

• Black Monday, the Dow Jones Industrial Average plunged nearly 13% in heavy trading. (Source: Web Search)

  1929-10-28

• Black Tuesday, Wall Street hit as investors traded some 16 million shares, losing around $14 billion in stock value. (Source: Web Search)

  1929-10-29

• The Dow Jones Industrial Average hit its lowest point, 89% below its September 1929 peak. (Source: Web Search)

  1932-07-08

• The stock market returned to its 1929 high. (Source: Web Search)

  1954

• Publication of Andrew Ross Sorkin's book, "1929: Inside the Greatest Crash in Wall Street History--and How It Shattered a Nation." (Source: Summary, Wikipedia, Web Search)

  2025-10-14

Andrew Ross Sorkin

Andrew Ross Sorkin (born February 19, 1977) is an American journalist and author. He is a financial columnist for The New York Times and a co-anchor of CNBC's Squawk Box. He is also the founder and editor of DealBook, a financial news service published by The New York Times. He wrote the bestselling book Too Big to Fail and co-produced a movie adaptation of the book for HBO Films. He is also a co-creator of the Showtime series Billions. In October 2025, Sorkin published 1929: Inside the Greatest Crash in Wall Street History--and How It Shattered a Nation, a new history of the Crash based on hundreds of documents, many unpublished.

Web Search Results

• 1929: Inside the Greatest Crash in Wall Street History-and How It ...

  Using your mobile phone camera - scan the code below and download the Kindle app. #### Image Unavailable Image not available for Color: To view this video download Flash Player VIDEOS 360° VIEW IMAGES # Follow the author Andrew Ross SorkinAndrew Ross Sorkin Follow Something went wrong. Please try your request again later. OK # 1929: Inside the Greatest Crash in Wall Street History--and How It Shattered a Nation Hardcover – October 14, 2025 by Andrew Ross Sorkin (Author) [...] “When a story of immense historical gravity—the drama and trauma of 1929—meets a writer steeped in its scholarship and gifted with a rare clarity of vision, the result is a work of lasting resonance: tangible and immediate. In 1929, Andrew Ross Sorkin captures the moment when ambition, greed, and speculative euphoria collided to plunge America into an economic abyss, sparking the Great Depression. Through vivid storytelling and a cast of powerfully rendered characters, Sorkin reveals a nation [...] This item: 1929: Inside the Greatest Crash in Wall Street History--and How It Shattered a Nation $30.00$30.00 This title will be released on October 14, 2025. Pre-order now. Ships from and sold by Amazon.com. + How Countries Go Broke: The Big Cycle (Principles) $17.50$17.50 Get it as soon as Tuesday, Sep 2 In Stock Ships from and sold by Amazon.com. + Our Dollar, Your Problem: An Insider's View of Seven Turbulent Decades of Global Finance, and the Road Ahead $29.29$29.29

• Andrew Ross Sorkin on worrying similarities between Wall Street ...

  Despite a tumble this Friday, stocks on Wall Street have shot up in recent months. Still, some investors are getting weak in the knees, fearing stocks are overheated. Sorkin, author of "1929: Inside the Greatest Crash in Wall Street History – and How It Shattered a Nation," out Oct. 14, says the U.S. is in a new roaring 20s, the 2020s, with stocks pushing to record highs, just as they were in the 1920s. Market highs today have him feeling anxious.

• Wall Street crash of 1929 - Wikipedia

  On October 29, 1929, "Black Tuesday" hit Wall Street as investors traded some 16 million shares on the New York Stock Exchange in a single day. Around $14 billion of stock value was lost, wiping out thousands of investors. The panic selling reached its peak with some stocks having no buyers at any price.( The Dow lost an additional 30.57 points, or 11.73%, for a total drop of 68.90 points, or 23.05% in two days.( [...] Leone, Bruno (1994). _The Great Depression: Opposing Viewpoints,_ 14–25. San Diego, California: Bender, David L. _[ISBN missing_] Pendergast, Tom ( 2003). _American Decades: 1920–1929_. Farmington Hills, Michigan: UXL American Decades Publishing _[ISBN missing_] Shachtman, Tom (1979). _The Day America Crashed: A Narrative Account of the Great Stock Market Crash of October 24, 1929_. New York: G.P. Putnam. ISBN "ISBN (identifier)")0399116133. [...] Conservative economists Jude Wanniski and Alan Reynolds "Alan Reynolds (economist)") have argued that the immediate cause of the crash was investor fears about the Smoot–Hawley Tariff Act, which was being negotiated in the U.S. Senate at the time. On October 23, 1929, while voting on an amendment to the bill, 16 senators who had been considered members of an anti-tariff coalition unexpectedly changed their votes and supported an increase in the tariff on calcium carbide imports from Canada. The

• Stock Market Crash of 1929: Definition, Causes, and Effects

  The stock market crash of 1929 began on "Black Monday, Oct. 28, 1929, when the Dow Jones Industrial Average (DJIA) plunged nearly 13% in heavy trading. While panic selling occurred in the first week, the greatest decline occurred in the following two years as the Great Depression emerged. The DJIA hit its lowest point on July 8, 1932, 89% below its September 1929 peak, defining the most significant bear market in Wall Street’s history. The market would not return to its 1929 high until 1954. [...] The stock market crash of 1929 was a swift and drastic drop in the value of the stock market, erasing billions in wealth, and starting a severe, global economic decline. This played a pivotal role in causing the Great Depression, which lasted for about 10 years and was the worst economic collapse in modern history.

• What Caused the Stock Market Crash of 1929? | HISTORY

  On October 29, 1929, Black Tuesday hit Wall Street as investors traded some 16 million shares on the New York Stock Exchange in a single day. Billions of dollars were lost, wiping out thousands of investors. Shown: the interior of the New York Stock Exchange on Black Friday, October 25, 1929. ullstein bild/Getty Images [...] Right after October 29, 1929, stock prices had nowhere to go but up. Overall, however, prices continued to drop as the country slumped into the Great Depression. Shown here, millions of dollars in securities and records are transported on October 25, 1929 on Wall Street. Ed Jackson/NY Daily News Archive/Getty Images The Sub-Treasury Building (now Federal Hall National Memorial) opposite the Wall Street Stock Exchange in Manhattan, New York, at the time of the Wall Street Crash. [...] The stock market crash of 1929—considered the worst economic event in world history—began on "Black Thursday," October 24, 1929, with skittish investors trading a record 12.9 million shares.