American Public Media's Marketplace and Marketplace Morning Report to Mark 75th Anniversary of Black Tuesday with "Crash of '29" Reports

Contact:  Connie Molby
(651) 290-1113
cmolby@americanpublicmedia.us
www.americanpublicmedia.us

American Public Media's Marketplace and Marketplace Morning Report to Mark 75th Anniversary of Black Tuesday with "Crash of '29" Reports

Broadcasts will include interviews with the last "Titan of Wall Street," Web site offers timeline leading up to the stock market crash, quiz and comparison of stock prices in 1929 and 2004

WHAT: Oct. 29, 1929, is known as Black Tuesday and its impact triggered monumental changes in America's financial markets — and in America itself. On the 75th anniversary of Black Tuesday, American Public Media's Marketplace and Marketplace Morning Report, with veteran reporter Matt Algeo, examine the story of the stock market crash, its causes and effects and its continuing impact on today's financial markets. The mini-documentary also asks the question: Could it happen again?

REPORT HIGHLIGHTS:

• First-person accounts from Al Gordon, the last surviving "Titan of Wall Street," who in 1929 was a 28-year-old Harvard Business School graduate working at Goldman Sachs. He's now 103 and still works in the office three or four times a week. He will explain how Wall Street has changed — and how it hasn't — since 1929.

• Reaction from the 75th reunion of the Fond du Lac, Wisc., high school graduating class of 1929 — some of the last witnesses to the crash and its impact in middle America.

Online Features:

• Beginning, Monday, Oct. 25, the public can take a Black Tuesday knowledge quiz, listen to selected 1920s era music and check out a timeline leading up to the crash at www.marketplace.org/features/crash_1929/. A comparison of 1929 stock prices with today's prices and archival photographs will also be posted to the site.

TUNE IN: "Crash of '29" reports will broadcast nationwide during Marketplace and Marketplace Morning Report, Friday, Oct. 29. Check local radio listings for the times and stations in your areas or go to www.marketplace.org.

AmericanPublic MediaT is the national production and distribution unit of MinnesotaPublic Radio. It is the nation's second-biggest producer of nationalpublic radio programs, reaching 11.9 million listeners nationwide eachweek. National programs include A Prairie Home Companion^®, Saint Paul Sunday^®, Marketplace^®, Sound Money^®, The Splendid Table^®, Being^® and special reports produced by its documentary unit, American RadioWorks^®. Minnesota Public Radio, along with its sister company Southern California Public Radio, belongs to a larger family of companies within American Public Media Group, a national nonprofit organization whose purpose is to develop resources, services and systems to support public media for public service. A complete list of stations, programs and additional services can be obtained at www.americanpublicmedia.us.

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Source: Data are copyright Arbitron, Inc. Arbitron data are estimates only.
Fall 2003