1. As of June 30, 2008, the FDIC employed 4,621 employees, which is quite low compared to the 22,459 employed in 1992. 2. After President Roosevelt signed the Banking Act of 1933, the FDIC went into effect on January 1, 1934. It provided insurance up to $2,500. 3. The FDIC celebrated its 75th anniversary this […]
Tag Archives: President Roosevelt
On October 24, 1929 the stock market crashed. The crash followed the seemingly prosperous time of the 2’0s. When the market-crashed people began to panic and many people started to sell back. Then on that following Tuesday prices plummeted and the country faced $30 billion in losses. This signaled the start of the Great Depression. […]
A man who serves his country, great President Roosevelt once stated, “Is the highest compliment and honor that can be bestowed upon a man.” The brave men and women who serve their country, know no fear. They serve their country with pride, knowing fully well that there might indeed come a day when they don’t […]
Fat Man and Little Boy Little Boy was a gun type Uranium Bomb. It was dropped on Hiroshima on August the 6th 1945. Little Boy was dropped on Hiroshima. It had an explosive force of about the same as 15,000 tons of TNT. The City of Hiroshima had about 43,000 soldiers and 300,000 civilians. There […]