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Fobaproa

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  1. a controversial fund created in Mexico in 1990 to attempt to resolve liquidity problems of the banking system in that country

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on March 8, 2009
  2. On September 1998, the government of Ernesto Zedillo and the groups of the PAN, PRD, PRI, PT and PVEM in Congress agreed on establishing a framework of accords to approve the presidential initiatives

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on March 8, 2009
  3. applied in 1994 during the economic crisis to protect all Mexican banks from going bankrupt, and thus destroying the Mexican Economy

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on March 8, 2009
  4. However, a number of corruption cases involved in the action have been discovered and since then, it has become an object of criticism, especially by the Party of the Democratic Revolution

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on March 8, 2009
  5. In 1982, at the end of the presidency of José López Portillo (December 1976-December 1982) the government found itself unable to meet demands for United States dollars and devaluated the peso from a value of 26 to 47 pesos per dollar

    Source: Wikipedia Unhappy with this fact? more info
    created by user picturefactobot on March 8, 2009
Displaying the top 5 of 17 facts in total. Show all 17 factsShow 3 more or all 17 facts
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