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sep 24, 1869 - Black Friday

Description:

The Black Friday gold panic of September 24, 1869 was caused by a conspiracy between two investors, Jay Gould and his partner James Fisk, and Abel Corbin, a small time speculator who had married Virginia Grant, the younger sister of President Grant. Black Friday, in U.S. history, Sept. 24, 1869, when plummeting gold prices precipitated a securities market panic. The crash was a consequence of an attempt by financier Jay Gould and railway magnate James Fisk to corner the gold market and drive up the price.

Added to timeline:

16 May 2021
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Date:

sep 24, 1869
Now
~ 156 years ago