3min chapter

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How Does New York City Keep Reinventing Itself? (Bonus)

Freakonomics Radio

CHAPTER

Wall Street and the Stock Market

Walter Riston was head of New York's city bank. He introduced the idea of a speculative wall street. The stock market equities in itself, was this sleepy place. It was where your old uncle ira had five thousand shares of i b m or whatever,. and the market just explodes and never turns back....

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