Build Up to the Great Repression By CatFoxx28 Jan 20, 1981 President Reagan Appoints CEO Donald Regan Oct 15, 1982 Depository Institutions Act of 1982 Jan 1, 1983 US Becomes Dependent on Outside Investment Oct 22, 1986 Tax Reform Act of 1986 Aug 11, 1987 Alan Greenspan Appointed Chairman of the Fed Oct 19, 1987 Black Monday Largest percent decline in the course of on day in stock market history Jan 1, 1989 Savings and Loan Crisis Jan 20, 1989 George H.W. Bush Takes Office Nov 30, 1989 George H W Bush Passes Ethics and Reform Act Jan 11, 1995 Larry Summers Appoint Deputy Treasury Secretary Jan 11, 1995 Robert Rubin Appointed Secretary of Treasury Dec 19, 1995 Dervatives Become a Key Part of Market Aug 26, 1996 Brooksley E. Born Appointed Chair of CTFC Nov 12, 1999 Congress Overturns Glass Steagall Dec 21, 2000 Commodity Futures Modernization Act Passes Jan 1, 2001 Dot-Com Bubble Bursts Jan 20, 2001 George W Bush Take Office Oct 1, 2001 Enron Scandal Feb 1, 2006 Ben Bernake Becomes Chair of Fed May 1, 2006 Henry Paulson Appointed Secretary of Treasury Feb 14, 2007 First Visible Affects of Crisis HSBC writes down it's holdings of subprime related MBS. Sep 7, 2007 Government Seizes Fannie Mae and Freddie Mac Sep 15, 2008 Lehman Brothers Files for Bankruptcy
