Today we kept talking about teh new deal presentations.
The FSA started in 1933. This was the first legislation to regulat the stocks. This prohibited fraud sales. This still around today but it has been inproved a lot and under a different name. The three R's recovery helped everything and everone after the great depression.
The FDIC is to provide insurece coverage for the bank. If the bank went down the FDIC would give you at least 100,000 dollers back.
I think that teh FSA and the FDIC was a good thing casue it protected people and their money.
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