When Wall Street Really Was The Street

Figuratively speaking, mighty Wall Street is disappearing. Today Merrill Lynch moved another step closer to the history books with the resignation of its ex-CEO from BofA. A year ago, NYSE Euronext's acquisition of The American Stock Exchange removed another segment of Wall Street history – a reminder of the days when much of The Street's business was conducted…in the street.

Until 1953, the American Exchange was known as the Curb Exchange, and that's what most Wall Streeters continued to call it. To learn why, drop by the current exhibit at the Museum of American Finance. Or check out their slide show.

The kerbstone brokers didn't move indoors until 1921. This photo from the Library of Congress was probably taken shortly before the move.