YES NO 8 people found this helpful. â After the dot-com bubble burst and the real estate market crashed, trust in the American financial sector was at an all-time low, with many investors pulling out of the market.
Nixon wins presidential election. Eight years after being defeated by John F. Kennedy in the 1960 election, Richard Nixon defeats Hubert H. Humphrey and is elected president. Two years after losing to Kennedy, Nixon ran for governor of California and lost in a bitter campaign against Edmund G. (âPatâ) Brown.
Dwight D. Eisenhower, the Republican Party presidential nominee in the 1952 election, chose Nixon to be his vice presidential running mate. Nixon served as vice president for eight years. Running on his own as the 1960 Republican Candidate for president, Nixon lost the extremely narrow election to John F. Kennedy.