Talk:Reconstruction Finance Corporation

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 Definition An independent agency of the United States government chartered in 1932 which gave $2 billion in aid to state and local governments and made loans to banks, railroads, farm mortgage associations, and other businesses. [d] [e]

This article is nearly all by RJensen or Richard Jensen Richard Jensen 23:03, 4 June 2007 (CDT)


I removed this line "The RFC was bogged down in bureaucracy and failed to disperse many of its funds" from the section dealing with the Hoover Board as the RFC distributed almost $2 billion in 1932 of its authorized limit of $2.5 billion. Only $500 million was authorized. The other $2 billion was discretionary. Russell D. Jones 19:56, 22 June 2010 (UTC)