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oct 21, 1930 - The Great Depression begins. The economy collapsed. Afterwards, only stable banks were allowed to reopen. The Glass-Steagall Act was passed. The FDIC was founded and commercial and investment banks were separated.

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Bank Timeline Part 1

ByNoah Gross
30 Nov 2017
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Date:

oct 21, 1930
Now
~ 95 years ago
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