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 Historia not come to fruition. Originally the AMH was established with 24 positions or numbered chairs ("sillones de número") for full members ("académicos de número"). In 1990 this number was increased to 30, made up of 22 members resident in Mexico City ("miembros residentes") and 8 external members from the Mexican states ("miembros foráneos"). In addition, there are a number of correspondent members ("corresponsales") from both within Mexico ("corresponsales nacionales") and from other countries ("corresponsales extranjeros"). Academia Mexicana de la Historia The Academia Mexicana de la Historia ("Mexican Academy of History", also known by the acronym AMH) is a national academy