STONEWALL INN RAIDED BY POLICE
On June 27, 1969: The Stonewall Inn was raided by police. Though such raids were typical in the Greenwich village neighborhood, the patrons of the Stonewall Inn were pushed to the breaking point by unfair treatment and continued harassment at the hands of the police. They encouraged the surrounding crowd to stand up and riot for gay rights. The riots quickly grew, topping out at over a thousand participants. Throughout the country where other gay communities began to organize for their rights, leading many to consider the Stonewall raid and riots a to be the beginning of the gay civil rights movement.
On June 27, 1949: Vera Wang was born in NYC. After acting as Senior Fashion Editor of Vogue Magazine, Wang joined Ralph Lauren for two years before launching her own successful wedding label, Vera Wang. Her wedding dresses are featured in numerous television shows and movies, and are sold around the world.
THE NEW YORK STOCK EXCHANGED CRASHED
On June 27, 1893: The New York Stock Exchanged crashed for the second time in two months, plunging the nation into what is now called the Panic of 1893. The price of silver and gold went into a steep decline, leaving the nation in the worst economic depression it had ever suffered at the time.