How did many banks fail consumers in the stock market crash of 1929?
Banks had invested custom...
History, 29.05.2020 04:01 AutumnGarringer
How did many banks fail consumers in the stock market crash of 1929?
Banks had invested customer savings in the stock market, losing depositors' money in the crash.
O Banks refused to pass on profits made in the stock market to depositors, keeping the money.
O Banks refused to issue loans to help investors pay for their financial losses in the crash.
O Banks only paid a small portion of insurance owed to depositors for their financial losses.
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