Fobaproa the FONAPRE ("Fondo de Apoyo Preventivo a las Institiciones de Banca Múltiple" or "Fund of preventive support to banking institutions") was founded to preserve the financial stability of banks, with the government having banks as trustees. By 1987, a parallel finance industry had been created with brokering firms, investment societies etc. To continue attracting investors, interest rates increased at the Bolsa Mexicana de Valores, and with the crash in the New York Stock Exchange, the national banking system was deeply affected and another devaluation came as a result. In 1990, in an attempt to prevent situations similar to those of
Rancho Bolsa del Potrero y Moro Cojo Rancho Bolsa del Potrero y Moro Cojo Rancho Bolsa del Potrero y Moro Cojo (also called "Sagrada Familia" - Holy Family) was a Mexican land grant in the northern Salinas Valley, in present-day Monterey County, California. It was given in 1822 by Governor Pablo Vicente de Solá to Joaquín de la Torre. The grant was bounded on the north by Rancho Bolsa Nueva y Moro Cojo, and present-day Castroville. José Joaquín de la Torre was a soldier from Spain who was alcalde in Monterey, and afterwards secretary to Governor Sola. Torre married Maria Los Angeles Cota (1790-1877) in 1803. Torre