What Does Exempt Mean, Anyway? Fund Forum Five years have passed since the imposition of new requirements for Exempt Reporting Advisers under the Dodd-Frank Act.
Forty years ago, gas shortage hit hard. Fred Norris remembers well the gas shortage of 1973. He was owner of Norris Brothers BP on Alamance Road in Burlington. It was a mess, Norris said, recalling peoples reactions to not being able to fill the tanks of their beloved Furys, Impalas, LTDs and other big rides.
The nation's plight on March 4, 1933, the day Franklin Roosevelt assumed the presidency, was desperate. A quarter of the nation's workforce was jobless. A quarter million families had defaulted on their mortgages the previous year. During the winter of 1932 and 1933, some 1.2 million Americans were homeless.