GO
Loading...

Wall Street History: NYSE Stock Still Around from G. Washington Era

Friday, 17 Feb 2012 | 5:27 PM ET

In this second installment of our special series on Wall Street history, we wanted to do something in celebration of President’s Day.

And as we sifted through our research, we found an unexpected historical tidbit that we thought you might find intriguing.

There’s a stock that George Washingtoncould have bought and sold that you can still buy and sell today.

You read that right.

A stock that you can easily buy and sell in 2012, on the New York Stock Exchange, could also have been bought and sold on the NYSE as early as 1792, when George Washington was President George Washington.

What is it?

For the answer you’ll have to watch this video narrated by CNBC’s Tyler Mathison – it’s only 90 seconds.

George Washington Could Have Bought This Stock
There is one stock now trading on the New York Stock Exchange that's been around since the era of George Washington. In this edition of CNBC.com's "History of Wall Street", Tyler Mathisen tells us what stock you could buy now that also could have been purchased by the Father of Our Country.



















And if you like what you see, we hope you’ll also watch the first installment in our special series below - Why Wall Street is called Wall Street.

Do you know?

How Wall Street Got Its Name
In this edition of CNBC.com's History of Wall Street, Ron Insana has the story of how New York's famous financial district got its name in the 18th century.




______________________________________________________
Got something to to say? Send us an e-mail at fastmoney-web@cnbc.com and your comment might be posted on the Rapid Recap. If you'd prefer to make a comment, but not have it published on our Web site, send those e-mails to fastmoney@cnbc.com.

CNBC.com with wires.

  Price   Change %Change
BK
---

Contact Fast Money

  • Showtimes

    Halftime Report - Weekdays 12p ET
    Fast Money - Weekdays 5p ET
  • Melissa Lee is the host of CNBC's “Fast Money” and “Options Action.”

  • Scott Wapner is host of the "Fast Money Halftime Report," which airs weekdays from 12 p.m. to 1 p.m. ET.

  • Guy Adami is a contributor on CNBC's "Fast Money." He also is managing director of stockMONSTER.com.

  • Najarian, the "Pit Boss," is cofounder of optionMONSTER.com, a news site for options traders.

  • Finerman is president of Metropolitan Capital Advisors, Inc., a company she co-founded.

  • Founder of EmergingMoney.com

  • Chief Market Strategist for Virtus Investment Partners & CNBC Contributor

Halftime Report

  • Jay Yarow, The Business Insider, and Steve Milunovich, UBS, discuss whether Tim Cook is to blame for Apple's drop in growth. I think it's pretty clear they missed the big phone market and overestimated the success of the plastic 5C phone, says Milunovich.

  • CNBC's Eamon Javers reports on Bill Ackman's stake in Allergan. Javers says this is a classic case of insider trading that is not against the rules.

  • FMHR trader Josh Brown thinks Dunkin' Brands looks fantastic technically, while Mike Murphy says investors are questioning the company's massive expansion plans.