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
Salón de la Plástica Mexicana as it used to be, rather a forum for promotion and publicity. The reorganization included the integration of new technologies for promotion and the unification of catalog design. Salón de la Plástica Mexicana Salón de la Plástica Mexicana (Hall of Mexican Fine Art; "SPM") is an institution dedicated to the promotion of Mexican contemporary art. It was established in 1949 to expand the Mexican art market. Its first location was in historic center of the city but today it mostly operates out of a building in Colonia Roma. The institution is run by a membership of almost four hundred recognized