Not many people know that the original 'Black Friday' refers to September 24, 1869, when a group of speculators attempted to corner the gold market. They failed, and the resulting collapse in gold, and then stocks, became known as Black Friday. But today is also known by shoppers and retail merchants as 'Black Friday,' referring to the Friday after Thanksgiving Day. Usually one of the busiest shopping days of the year, Black Friday is said to turn the retail industry's bottom line from red to black.
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11-29-2008, 04:44 PM
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