Wall Street Crash of 1929 rate of 133 in 1931). The 1929 crash brought the Roaring Twenties to a halt. As tentatively expressed by economic historian Charles P. Kindleberger, in 1929, there was no lender of last resort effectively present, which, if it had existed and been properly exercised, would have been key in shortening the business slowdown that normally follows financial crises. The crash marked the beginning of widespread and long-lasting consequences for the United States. Historians still debate the question: did the 1929 Crash spark The Great Depression, or did it merely coincide with the bursting of a loose credit-inspired economic bubble? Only
Let Wall Street Pay for the Restoration of Main Street Bill return on investment for individuals, the higher spreads and volatility in the market, and possible increased banking fees, which will need to be increased in order for banks to cover the higher risk associated with holding stocks, all of which will have detrimental effects on the "main street". Another bill, which remains a proposal, was tabled by DeFazio on February 13, 2010. It is called "H.R.1068 - Let Wall Street Pay for Wall Street's Bailout Act of 2009." Let Wall Street Pay for the Restoration of Main Street Bill The proposed bill Let Wall Street Pay for the Restoration of