Wisdom of the Day

Wall Street is the only place that people ride to in a Rolls Royce to get advice from those who take the subway.
Warren Buffett



Sunday, August 22, 2010

Introduction about "Wallstreet"

Wall Street is a street in Lower Manhattan, New York City, New York, USA. It runs east from Broadway to South Street on the East River, through the historical center of the Financial District. It’s like the reason why we chose this name, many important transactions of business occur there including stock and other exchanges.
Have you ever heard about NYSE, NASDAQ, AMEX, NYMEX, NYBOT or maybe the investment bank Deutsche Bank? Those are several major of U.S. stock and other exchanges that are remain headquartered on wallstreet and in the financial district.
To call a business is a “wallstreet business” the business shouldn’t have an office building in “wallstreet” but the business has to be in financial service, the business maybe located in other district. Nowadays, wallstreet can be meant as a big business in large scale. There are Lots of local businesses and shops which become the support system of the financial district. One of the most iconic representations of the market prosperity is the Charging Bulls sculpture, by Arturo Di Modica. Representing the bull market economy, the sculpture was originally placed in front of the New York Stock Exchange, and subsequently moved to its current location in Bowling Green.


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