ON THE MARGIN: The crash ruined families overnight. The hardest hit were those who had played the market by putting down 10 percent in cash and borrowing the rest-buying "on margin," as dramatized in this 1929 Life cartoon.
Photo Credits
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ON THE MARGIN: The crash ruined families overnight. The hardest hit were those who had played the market by putting down 10 percent in cash and borrowing the rest-buying "on margin," as dramatized in this 1929 Life cartoon.
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