Topics & People

Former US President referenced regarding the last time the Supreme Court struck down such sweeping executive policy.

The 31st U.S. President, in office during the 1929 crash. His administration's response, including raising taxes and enacting the Smoot-Hawley Tariff, is often cited as worsening the subsequent depression.

A severe worldwide economic crisis. Molly Bloom notes the surreal experience of running a poker game with $10 million on the table in New York City while the President was on TV addressing the nation about the economic collapse.

A severe worldwide economic depression that took place mostly during the 1930s, beginning in the United States after the Stock Market Crash of 1929.

A series of programs, public work projects, financial reforms, and regulations enacted by President Franklin D. Roosevelt in the United States between 1933 and 1939 in response to the Great Depression.

Legislation passed in the aftermath of the 1929 crash that separated commercial banking from investment banking. Sorkin reveals its origins were driven by business lobbying as much as by consumer protection.

A defining characteristic of the 1920s financial markets, with no SEC, no prospectuses, and no rules against insider trading or market manipulation, which allowed the speculative bubble to grow unchecked.

Personal debt taken on to purchase goods and services. The concept became widespread in America starting in 1919 with General Motors' program for car loans, fundamentally changing American attitudes towards borrowing.

The Radio Corporation of America, which was the leading technology stock of the 1920s, analogous to Nvidia in the modern era due to its central role in the radio boom.

A breakthrough technology of the 1920s that, like AI today, fueled massive speculation and was seen as a world-changing innovation. It also amplified stories of wealth creation, contributing to the social contagion of investing.

A bank run by Charlie Mitchell that aggressively expanded into lending for stock purchases, becoming a symbol of the 1920s financial boom. It later became part of Citigroup.

Major automotive company favored by the Biden Administration over Tesla in EV market discussions.