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Unformatted text preview: through 10/19? According to Bloomberg, the close on 10/16 was at 6030.09 and the close on 10/19 was at 6106.694. This stock index has risen greatly in 3 days. 3. What good came out of the 1929 stock crash in the US? The crash of 1929 prompted for the creation of basic investor safeguards that strengthened the market and limited fallout from later tumbles. 4. When did China completely overhaul its stock markets? China overhauled its markets in 2005. It halted new listings for a year and built up trading systems and offered support to financial institutions as they restructured. The government allows stocks to be publicly traded. The markets were re-launched in 2006 and offered blue chip stocks...
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- Fall '07