Seabiscuit (2003): Crash of 1929

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Seabiscuit (film), Crash Of 1929, AnyClip

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The clip crash of 1929 from Seabiscuit (2003)

There were no suicides on Wall Street that day.
It was a myth that would grow over time.
The real effect of October 29 took a little longer to sink in.
By noon, all the gains of the previous year had been obliterated.
By 4:00 p.m., nearly $ 10 billion of market value was gone.
Over the next two weeks, the hemorrhage continued.
And before long, 25% of the workforce was unemployed.
A great national migration began.
Displaced families took to the American highway...
in the last possession that remained to them:
Their automobile.
And all at once, millions of Americans...
had a new definition of home.

  1. By: AnyClip
  2. Categories Entertainment
  3. Views 75
  4. Added :23-Nov-11
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