History: Black Friday 1869 - Part 1

Financial Context
01/09/2024 21 min
History: Black Friday 1869 - Part 1

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Episode Synopsis

In September of 1869 some of the country's wealthiest people fought over gold. The bulls were led by Jay Gould and Jim Fisk while the bears were organized by Jay Cooke and James Brown. The sitting US president Ulysses Grant was also involved. The story takes place during the Gilded Aged and is a prime example of the corruption and wealth that was on display during the post-Civil War period. 
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