When Paper Paralyzed Wall Street: Remembering the 1960s Paperwork Crisis

In the late 1960s, an unusual crisis struck Wall Street. The foe? Paper.

Daily trading volume on the New York Stock Exchange was soaring to new heights, with the average number of shares changing hands more than doubling in just three years. But in this era before automated systems and processing, the Street soon became overwhelmed.

Read more at The Alert Investor.