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What impacts did Black Tuesday have on banks?
Banks went bankrupt and shut down, since their stock was now worth nothing if they had any. People who invested all their money into a bank and had it stored there lost EVERYTHING since the banks were shutting down THAT fast. Hope this helps!
What are the origins of the current financial crisis?
Poor monitoring by the US of the banks lead to banks loaning money to people that were not able to pay them back. And/or interest rates went up and many were not able to pay and the US banks were not making money. Now the banks don't have as much money to loan to people and no one has money. Most banks in the world are tied into the US banks and so they have less money too. also, tony Blair and George Bush had tea with kim jong il :)
What was hamiltons plan for the national debt?
By using national banks. There for when people went to the bank they had owned money. That had made America increase there debt.
Where is the location of the school albert Einstein went to?
As an adult he went to school at the Swiss Federal Polytechnic in Zurich.
Did Tyra Banks went to college?
No.
Use theword Swiss in a sentence?
Well, a sentence could be: My mother just went to the store and bought some Swiss cheese.
What was Hamiltons plan for reducing the national debt?
By using national banks. There for when people went to the bank they had owned money. That had made America increase there debt.
Which schools did Albert Einstein school at?
He went to Swiss Federal Polytecnic
Why does the fed attempt to make banks both safe and sound?
The fed attempts to make banks safe and sound because of what happened during the great depression, when the stock market crashed the banks had no way of insuring the people that there money was save to stay in the banks, and with that in mind thousands of people went and withdrew their life savings and caused the banks to have to shut down. and in doing so now they can provide people with the ability to sleep well knowing that there money is save
How many banks went under during the Great Depression?
In the 10 years of the Great Depression 9,000 banks went under JUST in US.
What were the reasons for the great depresion?
the banks went bankrupt
Which banks went bankrupt since 2011?
80
