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28 Oct, 1929 - Wall Street Crash Black Monday
1929 : The Monday starting the two days of the Wall Street Crash often referred to as Black Monday. Following the crash on the 24th (Black Thursday) over the weekend a number of investors decided to pull out of the market (Monday 13% drop) and by the the next day (Tuesday another 12% drop) as word spread the number of investors attempting to sell shares sent the market into a downward spiral. Although the Wall Street Crash was not the only factor in the following decade of the Great Depression, the decisions made by government over the crash are considered to have had a major impact on how bad and how long the depression was.
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Bill Gates Birthday
Born: 28th October 1955 Seattle, Washington
Known For : Together with Paul Allen the founder of Microsoft best known for the Microsoft Windows operating system and the Microsoft Office suite of productivity software. The company took off when IBM awarded a contract to Microsoft to provide a version of the CP/M operating system, which was set to be used in the upcoming IBM Personal Computer (PC)/ DOS (Disk Operating System). He is also one of the richest men in the world and is also known for his philanthropy donating large amounts of money to various charitable organizations and scientific research programs through the Bill & Melinda Gates Foundation.
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