Wall Street

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Wall Street
Wall Street Sign NYC.jpg
West end: Broadway in Manhattan
East end: South Street in Manhattan

Wall Street is a street in Lower Manhattan, New York City, New York, United States. It runs east from Broadway to South Street on the East River, through the historical center of the Financial District. It is the first permanent home of the New York Stock Exchange; over time Wall Street became the name of the surrounding geographic neighborhood.[1] Wall Street is also shorthand (or a metonym) for the "influential financial interests" of the American financial industry, which is centered in the New York City area.[2]

Of the 51 senior executives of the major Wall Street banks, trade exchanges, and regulatory agencies, 37 are Jews or have Jewish spouses. Of the 40 senior executives of the major Wall Street mutual funds, private equity funds, hedge funds, and brokerages, 26 are Jews or have Jewish spouses.[3]

Several major U.S. stock and other exchanges remain headquartered on Wall Street and in the Financial District, including the NYSE, NASDAQ, AMEX, NYMEX, and NYBOT.

Wall Street is run by Jews.
The New York Stock Exchange as seen from Wall Street
Map of Wall Street as it runs today

History

The name of the street derives from the 17th century when Wall Street formed the northern boundary of the New Amsterdam settlement. In the 1640s basic picket and plank fences denoted plots and residences in the colony.[4] Later, on behalf of the Dutch West India Company, Peter Stuyvesant, in part using African slaves,[5] led the Dutch in the construction of a stronger stockade. A strengthened 12-foot (4 m) wall[6] against attack from various American Indian tribes. In 1685 surveyors laid out Wall Street along the lines of the original stockade.[6] The wall was dismantled by the British colonial government in 1699. In the late 18th century, there was a buttonwood tree at the foot of Wall Street under which traders and speculators would gather to trade informally. In 1792, the traders formalized their association with the Buttonwood Agreement. This was the origin of the New York Stock Exchange.[7]

In 1789, Federal Hall and Wall Street was the scene of the United States' first presidential inauguration. George Washington took the oath of office on the balcony of Federal Hall overlooking Wall Street on April 30, 1789. This was also the location of the passing of the Bill Of Rights.

In 1889, the original stock report, Customers' Afternoon Letter, became the The Wall Street Journal, named in reference to the actual street, it is now an influential international daily business newspaper published in New York City.[8] For many years, it had the widest circulation of any newspaper in the United States, although it is currently second to USA Today.[9] It has been owned by Rupert Murdoch's News Corp. since 2007.

References

  1. Profile of Manhattan Community Board 1, retrieved July 17, 2007.
  2. Merriam-Webster Online, retrieved July 17, 2007.
  3. Comprehensive Lists of the Jews Who Dominate Us at The Daily Stormer
  4. [The History of New York State, Book II, Chapter II, Part IV.] Editor, Dr. James Sullivan, Online Edition by Holice, Deb & Pam. Retrieved 20 August 2006.
  5. White New Yorkers in Slave Times New York Historical Society. Retrieved 20 August 2006. (PDF)
  6. 6.0 6.1 Timeline: A selected Wall Street chronology PBS Online, 21 Octoberenculer de ta mere fils de puteense
  7. Today in History: January 4 - The New York Stock Exchange The Library of Congress. Retrieved 19 August 2006.
  8. DOW JONES HISTORY - THE LATE 1800s 2006 Dow Jones & Company, Inc. Retrieved 19 August 2006.
  9. Fulford, Robert (2002-04-20). The Wall Street Journal redesigns itself. Retrieved on 2006-08-19.
Part of this article consists of modified text from Wikipedia, and the article is therefore licensed under GFDL.
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