For most of us, the words "Wall Street" conjure up images of huge buildings filled with busy people rushing around in suits. But what exactly is Wall Street, and what goes on inside those mysterious towers? In a nutshell, Wall Street is the financial district of New York City, where many of the world's major banks and investment firms are headquartered. The "trading floor" is where stocks and other securities are bought and sold. It's a fast-paced environment where fortunes can be made or lost in the blink of an eye. Of course, not everyone agrees on what Wall Street does or how it should be regulated. For some, it's a necessary evil; for others, it's a casino where only the well-connected can win. But whatever your opinion, there's no denying that Wall Street plays a vital role in our economy.

2021 marks 10 years since Occupy Wall Street, but since then, not much has changed about the richest street in New York. Market figures still rise and fall every day on the Stock Exchange, and thousands of rich people in suits still go to get even richer. But there's a lot more going on with the Financial District than that, and we've collected some fun facts for you for the same price as looking at that creepy guy's "trade offer" meme.

TRADING ON WALL STREET BEGAN WITH SLAVES CRACKED Wall Street was convenient to New York Harbor, so a slave market was founded there for buying and selling people fresh off the boat.

Source: BBC

Get the Cracked Daily Newsletter!

We've got your morning reading covered.

Tags

Forgot Password?