Good Friday, The Panic Of 1907, And The Power Of Story

Salesmen know stories sell.
Even on number driven Wall Street.

The New York Stock Exchange,
during its 144 years plus of history,
has only been open 3 Good Friday’s.
1898, 1906 and 1907.

Why?
Legend has it that,
despite protest by Irish-Catholic traders,
the markets opened on Good Friday, 1907
and that this “caused” the Panic of 1907.

Logic, facts, prove otherwise
but the legend persists.

A good story lives forever.

Published
Categorized as Sales