Black Friday

The Collapse of the City of London's oldest bill-brokerage firm and discount company, Overend, Gurney, and Company initiates the financial panic of 1866, marking a change in perception of the banking industry and stimulating new economic theories during the 1860s.


Joshua Gooch, "On 'Black Friday,' 11 May 1866"

Associated Place(s)

Event date:

11 May 1866

Event Source: