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.
1972: Nixon takes second term by landslide President Richard Nixon has won an overwhelming victory in the US presidential elections for a second term in the White House. He took 61% of the popular vote, compared with 38% for his Democrat rival Senator George McGovern.