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mar 2, 1932 - Pecora Investigation of America’s largest financial institutions

Description:

The “Pecora Investigation,” led by U.S. Senator Peter Norbeck and also, eventually, attorney Ferdinand Pecora, exposes wide-scale fraud and greed in some of America’s largest financial institutions, thereby laying the groundwork for New Deal reforms of Wall Street and the banking industry.

Added to timeline:

20 Sep 2025
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Date:

mar 2, 1932
Now
~ 94 years ago