nonews
(193 posts)
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Thu Jun-10-04 12:59 PM
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| Markets Closed on Friday...Follow up |
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The markets have closed for the funeral of evey 20th century president, with the exception of one. Ask this question to anybody and 80% of the time the response will be Nixon. Not true.The correct answer is Herbert Hoover. The sitting president during the October 1929 crash. The markets only closed two hours early for his.
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| Lilicat
(26 posts)
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Thu Jun-10-04 01:02 PM
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Thanks for the factoid. I love stuff like this.
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| Seemann For Congress
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Thu Jun-10-04 01:04 PM
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| 2. I believe it makes sense |
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It makes perfect sense to close the Stock Exchange for Reagan's burial.
After all, it was impossible for the markets to rise when he was Presiedent, so why not make it impossible for them to rise during his funreal too?
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| Redhead488
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Thu Jun-10-04 01:21 PM
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from about 930 to about 2050 when Raygun was Prez. Remember the years of greed?
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| LTR
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Thu Jun-10-04 01:11 PM
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| 3. Did they give a reason? |
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Kind of ironic, isn't it?
The market crashed under Hoover.
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| Sequoia
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Thu Jun-10-04 01:45 PM
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| nonews
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Thu Jun-10-04 01:59 PM
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no reason...sorry, the only other national funeral that I can remember is JFK...remember Oswald getting shot?
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Wed Apr 24th 2024, 12:24 PM
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