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Strategies & Market Trends : Commodities - The Coming Bull Market
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To: maceng2 who wrote (597)7/24/2001 3:36:42 PM
From: craig crawford  Read Replies (1) of 1643
 
>> there was a persistent problem of banks failing prior to 1913 <<

10,000 banks failed during the great depression after the fed had been in existence 20 years. there were massive bank failures in the 80's due to the s&l crisis. greenspan's job should be to run a sound currency, keeping inflation under control. his job is not to bail out banks on the back of the men and women of america who pay taxes.
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