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Federal Reserve Board Chairs Ben Bernanke, Paul Volcker, and Alan Greenspan.
The mid-1980s to 2007 was a welcome period of relative macroeconomic stability after the volatility of the Great Inflation.

Jim Leach, R-Iowa, Phil Gramm, R-Texas, and Thomas J. Bliley Jr., R-Va., during a press conference on their compromise bill.
Gramm-Leach-Bliley Act

The 1999 Act promoted financial integration by repealing parts of the Glass-Steagall Act while giving the Fed new supervisory powers

FRBNY President William McDonough
Near Failure of LTCM

A group of banks and brokerage firms prevented the collapse of this hedge fund in 1998

A South Korean labor union member of Seoulbank, one of South Korea's most bad-debt burdened commercial banks, looks downcast.
Asian Financial Crisis

A financial crisis started in Thailand in July 1997 and spread across East Asia

<p>Graphic from the Board of Governors <a href="">website</a>
in 2005. </p>
Home Ownership and Equity Protection Act of 1994

HOEPA addresses unfair, deceptive, or abusive mortgage lending practices

President Clinton signs the Interstate Banking and Branching Efficiency Act of 1994 as Senate Banking Committee Chairman Don Riegle and Treasury Secretary Lloyd Bentson look on.
Riegle-Neal Act

The 1994 law removed many of the restrictions on bank branching across state lines

The Federal Deposit Insurance Corporation Building in Washington, D.C.

The 1991 Act was intended to address problems in the banking and thrift industries

Composite of newspaper headlines reporting the Stock Market Crash of 1987
Crash of 1987

The Dow dropped 22.6 percent on Black Monday, October 19, 1987

Continental Illinois bank building
Continental Illinois: A Bank That Was Too Big to Fail

The phrase “too big to fail” became commonly used for the first time after Continental’s crisis

Demonstrators in Mexico City march in protest of the International Monetary Fund and the Mexican government, 1986
Latin American Debt Crisis

During the 1980s, many Latin American countries were unable to service their foreign debt