1929年10月2日
Today is Black Thursday the first taste of the Great Crash. At the opening bell, 150,000 shares of Cities Service, the oil company, trade hands for $8.4 million, the largest block trade of stock ever yet recorded. By 10:30 a.m., even the blue-chip stocks are dropping $5 to $10 with each trade, and the ticker tape is running 16 minutes late. By lunchtime, RCA is down 35%, and Montgomery Ward has nose-dived 39.9%. Then a bankers' pool" is formed to put a floor under the plunging market. At 1:30 Richard Whitney president of the New York Stock Exchange and lead broker for J.P. Morgan & Company marches up to the trading post for United States Steel and bids $205 for 25000 shares. That's $10 higher than the last bid and the panic breaks. Still the Dow closes down 2.1% on record volume of 12.895 million shares. The bull market of the 1920s is about to end and the Great Depression is waiting in the wings."
1975年10月2日
After a year of desperately trying to revive its flagging fortunes, the once-mighty retailer W.T. Grant filed for bankruptcy on this day. Seeds of the company's collapse were planted in the mid-1960s, when management embarked on an ambitious growth program. The company decided to open a fleet of new stores and, after five years of rapid expansion, 410 super-sized Grant outlets had been built around the country. At the same time, Grant, which had traditionally stocked mainly inexpensive products, began to offer more of the pricier items usually sold at department stores. Unfortunately, the retail makeover only served to alienate Grant's clientele, who had relied on the stores for cheap goods. When a recession hit in 1974, the company was left with little in the way of customers or earnings. At the time it went belly-up, W.T. Grant was saddled with over $1 billion in debt, making it the nation's single biggest retailing failure.
1976年10月2日
More than 184 years after stock trading began on Wall Street, Alice Jarcho becomes the first woman ever to work regularly on the floor of the New York Stock Exchange.
1995年10月2日 首家中韩合资银行成立。
1995年10月2日,中国工商银行与韩国第一银行合资成立的“青岛国际银行”合同章程签字仪式在京举行。这是中韩银行在我国合资开设的第一家金融机构,同时也是中国工商银行与外资合办的第四家金融机构,双方各占50%股份。
2000年10月2日
AT&T announces that it will break itself up into four separate businesses: broadband, wireless, business services, and consumer services. After years of slowing growth, the floundering behemoth is finally conceding that its all-things-to-all-people strategy is a failure.