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
Academia Mexicana de la Lengua Academia Mexicana de la Lengua The Academia Mexicana de la Lengua (variously translated as the Mexican Academy of Language, the Mexican Academy of the Language, the Mexican Academy of Letters, or glossed as the Mexican Academy of the Spanish Language; acronym AML) is the correspondent academy in Mexico of the Royal Spanish Academy. It was founded in Mexico City on 11 September 1875 and, like the other academies, has the principal function of working to ensure the purity of the Spanish language. Academy members have included many of the leading figures in Mexican letters, including philologists, grammarians, philosophers, novelists, poets,