After the crisis, Citigroup was offered a federal bailout from the Congress under TARP and an endless credit from the Federal Reserve. ... Citigroup also managed to bring in revenue of $19.7 billion. 18 On March 11th, Citigroup released an article stating that they have been given approval to conduct "Planned Capital Actions" by The Federal Reserve Board. ...
The 1930's were grueling for the majority of the American population. However, it wasn't always like this. The decade before was a prosperous time for any American. New technologies were taking places, stock values kept rising higher than ever, and the industry was booming in the United States. Peop...
The Great Depression was a severe economic downfall, starting in 1929 and lasted until about the late 1930's or early 1940's. The Great Depression was the longest and most widespread depression of the 20th century. Economists have very different ideas and theories about what exactly caused the Great...
