 On October 5, the stock exchange again opened with large numbers of sell offers, and on October 6, 1983, nicknamed "Black Thursday", there was an onslaught of sales.It was clear a collapse was a matter of days away at most, since the banks declared that day they would be unable to absorb additional supplies without government assistance.That night, in a meeting at Aridor's home, it was decided that the government would purchase the banks' stocks from the public, to prevent the loss of their investments.