events
Black Friday (1869): Gold prices plummet after United States President Ulysses Grant orders the Treasury to sell large quantities of gold after Jay Gould and James Fisk plot to control the market.
Related Wikipedia articles
Black Friday (1869)
American gold panic
On September 24, 1869, a gold panic broke out in the United States, triggering a financial crisis. The panic, which became known as Black Friday, was the result of a conspiracy between two investors, Jay Gould, later joined by his partner James Fisk, and Abel Corbin, a small…Source: Wikipedia (CC BY-SA)
Jay Gould
American railroad magnate (1836–1892)
Jason Gould was an American railroad magnate and financial speculator who founded the Gould business dynasty. He is generally identified as one of the robber barons of the Gilded Age. His sharp and often unscrupulous business practices made him one of the wealthiest men of the…Source: Wikipedia (CC BY-SA)
James Fisk (financier)
American businessman (1835–1872)
James Fisk Jr., known variously as "Big Jim", "Diamond Jim", and "Jubilee Jim" – was an American stockbroker and corporate executive who has been referred to as one of the "robber barons" of the Gilded Age. Though Fisk was admired by the working class of New York and the Erie…Source: Wikipedia (CC BY-SA)