This model is undoubtedly implied a big risk: Once the funds are bearish, christian louboutin ariella a talon boots brownthe market will accelerate the fall. October 19, 1929, due to rumors, the New York stock market revealed signs of a large sell-off. 28, the Dow Jones index has slumped 13%. 1 day, almost all of them are doing their best clearance, the Dow actually christian louboutin ariella clou silver studded boot black22% of avalanche in the day. To 11 months, the Dow has been tragically cut short, so thousands of people committed suicide.Given Wall Street's lawlessness, the Roosevelt becomes president christian louboutin ariella clou silver studded boot pinkin 1933, determined to end this situation. He led by the "Steagall Act," the savings department of banks and investment sector forcibly separated, the Act prohibited banks from underwriting securities and operating companies, so that the formation of the U.S. financial industry, banking, securities sub-industry business model. In addition,christian louboutin ariella clou silver studded boots red Roosevelt signed the first bill regulating securities transactions, "the federal securities laws," requires that all new shares issued to the establishment of the Federal Securities and Exchange Commission, company executives own stock short selling is illegal and so on. It appears that Roosevelt had "reins" in the Wall Street set to force this on the first Mustang.Financial liberalization and thenchristian louboutin arielle a talon stone pattern tall boots black induced Huoqixiaoqiang if the neck on Wall Street, Roosevelt set the "reins" tight enough, how will the current occupation of Wall Street?
Post a Comment