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.
Nixon unexpectedly chose Governor Spiro Agnew of Maryland as his running mate. Nixon's campaign was helped by the tumult within the Democratic Party in 1968. Consumed by the war in Vietnam, President Lyndon B. Johnson announced on March 31 that he would not seek re-election.