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Tuesday, March 16, 2010

This Day in Wall Street History : 44 BC

March 15, 44 BC – Julius Caesar, Dictator of the Roman Republic, is stabbed to death by Marcus Junius Brutus, Gaius Cassius Longinus, Decimus Junius Brutus and several other Roman senators on the Ides of March.

As sole Roman ruler, Caesar launched ambitious programs of reform within the empire. The most lasting of these was his establishment of the Julian calendar, which, with the exception of a slight modification and adjustment in the 16th century, remains in use today. He also planned new imperial expansions in central Europe and to the east. In the midst of these vast designs, he was assassinated on 15 March 44 B.C., by a group of conspirators who believed that his death would lead to the restoration of the Roman Republic. However, the result of the "Ides of March" was to plunge Rome into a fresh round of civil wars, out of which Octavian, Caesar's grand-nephew, would emerge as Augustus, the first Roman emperor, destroying the republic forever.

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