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Six Days in October: The Stock Market Crash of 1929; A Wall Street Jour (Wall Street Journal Book) Kindle Edition

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Length: 160 pages Enhanced Typesetting: Enabled Age Level: 12 and up
Grade Level: 7 and up
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Editorial Reviews

From Publishers Weekly

This fast-paced, gripping (and all-too-timely) account of the market crash of October 1929 puts a human face on the crisis. Blumenthal, the Dallas bureau chief of the Wall Street Journal, sets the scene in the affluent post-Great War society: she reproduces the famous January 1929 cartoon from Forbes magazine (a frenetic crowd grasping at a ticker tape) and her statement "Executives who had spent their lives building solid reputations cut secret deals in pursuit of their own stock-market riches" may send a shiver down the spines of older readers aware of recent corporate scandals. The author deciphers market terms such as bull and bear, stock and bond in lucidly worded sidebars and describes the convergence of speculation, optimism and greed that primed the market for failure. Throughout, Blumenthal relates the impact of historical developments on everyday citizens. Supported by archival photographs, cartoons and documents, the text is rife with atmospheric detail about the customs of the stock exchange (from buttonhole flowers to the opening and closing gongs). Other asides, such as the first appearance of women on the exchange floor, or the rise (and fall) of immigrant Michael J. Meehan, who championed the stock of Radio Corporation, continue to keep the focus on the human element. Blumenthal ably chronicles the six-day descent and exposes the personalities, backroom machinations and scandals while debunking several popular myths about the crash (e.g., that it caused mass suicide and the Great Depression). A compelling portrait of a defining moment in American history. Ages 12-up.
Copyright 2002 Reed Business Information, Inc.

From Booklist

Gr. 7-12. A Wall Street Journal bureau chief, Blumenthal combines a fascinating overview of the infamous stock market crash in 1929 with a rare and useful primer of financial basics. The chapters follow the six days surrounding the crash, but Blumenthal deftly places the events in context with vivid accounts of the stock-market fever that preceded the crash, often showing the impact of abstract issues through individual stories--the losses of Groucho Marx and of General Motors' founder William Durant are particularly astonishing. Rapid, simply constructed sentences increase the drama and suspense while making difficult concepts easily understood. Throughout, fact boxes define financial vocabulary--stocks, bonds, bulls and bears, margins, the measure of a company's worth, and more--in clear language that is both compelling and instructive. Archival images--photos, cartoons, and reproduced documents--enhance the text, as do frequent excerpts from newspapers and political quotes from the era. Students using this for research may be frustrated by the source citations, which appear as an appended, generalized chapter-by-chapter listing of materials consulted rather than as specific notes that correspond to text passages. But this still offers a riveting history, along with the basic terminology needed to grasp the events and to draw parallels between the volatile, sometimes corrupt, market of 1929 and the market today. Gillian Engberg
Copyright © American Library Association. All rights reserved

Product Details

  • File Size: 11931 KB
  • Print Length: 160 pages
  • Publisher: Atheneum Books for Young Readers; 1st edition (February 12, 2013)
  • Publication Date: February 12, 2013
  • Sold by: Simon and Schuster Digital Sales Inc
  • Language: English
  • ASIN: B009UVM3JG
  • Text-to-Speech: Not enabled
  • X-Ray:
  • Word Wise: Not Enabled
  • Lending: Not Enabled
  • Enhanced Typesetting: Enabled
  • Amazon Best Sellers Rank: #534,685 Paid in Kindle Store (See Top 100 Paid in Kindle Store)
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Customer Reviews

Most Helpful Customer Reviews

5 of 5 people found the following review helpful By Grandma TOP 100 REVIEWER on February 25, 2009
Format: Hardcover Verified Purchase
If you've ever struggled to either understand or explain the stock market, Six Days in October will make things crystal clear while simultaneously explaining the stock market crash of 1929 that brought about the Great Depression in an engaging way that holds the reader's attention.

Loaded with period illustrations, including primary documents, Six Days in October is vital to the middle school study of the 20th century and is a wonderful addition to any library intended for young adults.

Highly Recommended!
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5 of 5 people found the following review helpful A Kid's Review on August 30, 2003
Format: Hardcover
This was a great book that I loved reading. I am into history and this book gave lots of details about the stock market crash that made it easy to understand. I think lots of kids will like this book if they give it a chance.
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5 of 6 people found the following review helpful By Robert Louis Watson Jr. on July 15, 2005
Format: Hardcover
This is a great book for understanding the causes and effects of the 1929 Stock Market Crash. This book not only answered all my questions about the crash, but it supplied me with a detailed account of the events that led up to the market crash and the aftermath that followed. It illustrates how greed, fear, ignorance, and deceit fueled the market crash. In addition, it dispels the myth that the 1929 Stock Market Crash caused the Great Depression. Because these same elements continue to influence the market today, it would be to one's advantage to learn about the crash before investing in the market. This book is for ages 12 and above.
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1 of 1 people found the following review helpful By John J. Olson on May 14, 2015
Format: Kindle Edition Verified Purchase
I've been a stockbroker for more than twenty years so I approached the book with experience in the investment market. I thought I knew a great deal about the causes and course of the '29 Crash but this book certainly opened my eyes. I had heard of famous men like William Durant and Richard Whitney but I never knew the wide ranging courses of their careers. One of the main lessons I drew from the book is the comparison between the actions of both the elite and the commoners in 1929 vs. those of the elite and the commoners in the Great Recession of 2008 to the present. Recommend this book highly to anybody interested in economic history or the history of the USA in the 20th Century.
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1 of 1 people found the following review helpful By anonymous on April 27, 2012
Format: Hardcover Verified Purchase
Six Days in October is exceptionally well written! As an adult I appreciated the thorough research, helpful explanations and easy flow of the material. I learned information I did not know, yet should have learned long ago. Middle School readers on up can learn from and appreciate this book. I donated it to our local school's library when I finished it, because I think it is especially useful for students.
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2 of 2 people found the following review helpful By PSaid on October 10, 2014
Format: Kindle Edition Verified Purchase
complete page turner….
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