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.
Richard M. Nixon, who was elected President in 1968 and re-elected in 1972, resigned from office effective at noon on August 9, 1974. His move came amid impeachment proceedinâ¦gs in Congress related to the Watergate break-in and other politically motivated crimes.