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.
The Republican Party decided to keep Nixon as their vice-presidential candidate and when Eisenhower won the election, Nixon became vice-president of the United States from 1953 to 1961. During his vice-presidency, he was very busy and traveled across the world to places like South America.