For Wall Street Insiders, Black Monday was not the worst day. The next day, Terrible Tuesday was an agonizing test of the financial system. As part of our series on the commercial history of the United States, we examine the events of Tuesday the 20th. And we look at the history of insurance in America, the reasons there is a stock market, what was learned and not learned from 1987 and a few other things. A Note - We are pleased to be part of the Airwave Media Network.

Learn more about your ad choices. Visit megaphone.fm/adchoices