Did stockbrokers really kill themselves during the 1929 stock market crash?

Question

Jumped out windows, poison or shoot themselves?

Taniya G - Options for what?

Answer 1

Yes, and not just stock brokers, but bank managers, corporate exs, high financiers, etc, as well as small farmers and factory workers who lost everything, and there was no assistance to fall back on, no welfare, no food stamps, no easy bankruptcy. they would loose it all, in minutes, and see no future. It was by no means epidemic, but go to a library and look in any decent size newspapers of a few weeks right after the crash, and the accounts are there. We really can't relate to such utter loss, we have many stop gaps that hopefully will ease such things in the future, so far so good.

Answer 2

Yes, they truly did commit suicide by jumping out windows etc., and it wasn't just the Stockbrokers. Many people lost entire fortunes and were left destitute. Poverty, in those days, was very serious, there was no welfare, Food Stamps or Social Network for support of any kind. It was only during the Depression that soup kitchens were "invented".

Answer 3

Oh gosh. the guy suggested television instead of radio. i assume it is unforgivable. we want an FDR immediately to rescue us from yet another 20 years of unrestrained company extra. The Republicans nevertheless have not forgiven Roosevelt for succeeding, have they? And specific, FDR did bypass on the radio generally. He had to attend until eventually 1932, yet some ignored information do not negate the element Biden made. in actuality, they make stronger it. The Republicans of Hoover weren't prepared to be straightforward with regards to the subject, nor are the Republicans of Bush or McCain. The names have been replaced however the evasions bypass on forever.

Answer 4

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Answer 5

Yes, but nowhere near the degree movies depict. This notion began partly as a cartoon that was printed showing brokers standing in line on a skyscraper ledge to jump; in fact the suicide rate went up about 30% over the next few years, but that's EVERYBODY- lots of penniless dirt farmers to former billionaires. Human self-preservation is pretty impressive.

Answer 6

True story - my guess is they owed someone a chunk of money and their fate would have been worse. Yeh I'm too fat and cause theres no easy money anymore I might have to do a days work.

Answer 7

yes

Answer 8

some did