Tag Archives: stock market

The Wall Street Crash of 1929 and Jesse Livermore

My screenplay will focus on the Wall Street crash of 1929 and Jesse Lauriston Livermore (July 26, 1877 – November 28,1940), a stock trader. The image will be used to show the audience the comparison of panic on the Wall Street and a person who made more than 100 million dollars at the Wall Street crash.

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The crash of 1929

This image is from Time.com, and it belongs to the Bettmann-Corbis archive. The picture was taken during the Great Depression that began on October 29, 1929, which is also known as Black Tuesday. 

The first time I saw this picture was during a recent visit to the MoMA. At first, the image makes me smile because it shows a humorous aspect in a tragic time. During the Great depression approximately 25% of population was unemployed and affected every segment of society. The picture is important to me because it reminds me that history is repeating itself. Like in the Great depression, the world is now experiencing a huge economic downturn due to the failure of the traditional financial system.

 http://www.time.com/time/photogallery/0,29307,1677033_1474476,00.html

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