0 Uncategorized March 12, 2012 by Michael Matheron · Published March 12, 2012 This Date In 1933: FDR’s First Fireside Chat Unleashes The Federal Reserve To Muscle Aside The Bank Panic Franklin D. Roosevelt took office in March 1933. Bank panics had occurred since 1929, and by 1933 than 9,000 banks had closed, with $2.5 billion in lost deposits. Millions of Americans lost their money....
