Six Days in October: The Stock Market Crash of 1929; A Wall Street Journal Book for Children
DescriptionOver six terrifying, desperate days in October 1929, the fabulous fortune that Americans had built in stocks plunged with a fervor never seen before. At first, the drop seemed like a mistake, a mere glitch in the system. But as the decline gathered steam, so did the destruction. Over twenty-five billion dollars in individual wealth was lost, vanished gone. People watched their dreams fade before their very eyes. Investing in the stock market would never be the same.
Here, Wall Street Journal bureau chief Karen Blumenthal chronicles the six-day period that brought the country to its knees, from fascinating tales of key stock-market players, like Michael J. Meehan, an immigrant who started his career hustling cigars outside theaters and helped convince thousands to gamble their hard-earned money as never before, to riveting accounts of the power struggles between Wall Street and Washington, to poignant stories from those who lost their savings -- and more -- to the allure of stocks and the power of greed.
For young readers living in an era of stock-market fascination, this engrossing account explains stock-market fundamentals while bringing to life the darkest days of the mammoth crash of 1929.
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About the Author
Karen Blumenthal (1959-2020) was a financial journalist and editor whose career included five years with The Dallas Morning News and twenty-five with The Wall Street Journal--where her work helped earn the paper a Pulitzer Prize for its breaking news coverage of the September 11, 2001 attacks--before becoming an award-winning children's non-fiction book writer.Three of her books, Hillary Rodham Clinton: A Woman Living History, Steve Jobs: The Man Who Thought Different, and Bootleg: Murder, Moonshine, and the Lawless Years of Prohibition, were finalists for the YALSA Excellence in Nonfiction for Young Adults Award. Karen was also the author of Six Days in October: The Stock Market Crash of 1929 (named a Sibert Honor Book), Let Me Play: The Story of Title IX (winner of the Jane Addams Children's Book Award), Tommy: The Gun That Changed America, Bonnie and Clyde: The Making of a Legend, and Jane Against the World: Roe v. Wade and the Fight for Reproductive Rights.