The Great Crash refers to the Wall Street crash that began October 24, 1929, and ultimately ushered in the 10-year long Great Depression. In just two days more than $30 billion in stock market value (worth approximately $400 billion today) was erased. These events prompted Congress to pass … Continue reading
Monthly Archives: October 2015
Under ancient Anglo-Saxon law a plaintiff who suffered injuries was allowed to seek personal revenge, known as a “blood feud”. This eventually was replaced by payments referred to as “blood fines”. As tort law developed, these payments were divided into … Continue reading
A citizen’s arrest — an arrest by a non-law enforcement officer — is statutorily provided for in 49 states (North Carolina is the exception) where a citizen observes a felony being committed, or when a citizen is asked by a … Continue reading
Only two justices of the Supreme Court have appeared on U.S. Currency. John Marshall, the fourth Chief Justice, appeared on the $500 bill; while Salmon P. Chase (the sixth Chief Justice) appeared on the $10,000 bill. Neither denomination is still in circulation.