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The Bubble Act 1720 (also Royal Exchange and London Assurance Corporation Act 1719) [1] was an act of the Parliament of Great Britain passed on 11 June 1720 that incorporated the Royal Exchange Assurance Corporation and London Assurance Corporation, but more significantly forbade the formation of any other joint-stock companies unless approved by royal charter
This latter contraction of balance sheets "could lead to a depression", the analyst said. [296] Reduced lending was a circumstance already at the time being seen in a "deepen[ing] crisis" in commodities trade finance in western Europe.
An Act for clearing and removing some Doubts which may arise in an Act of Parliament, intituled, "An Act for the vesting several Manors, Lands, and Rents, in the Counties of Lincolne, Berks, and Devon, in Trustees, to be sold, for the buying other Manors and Lands, to be settled for the same or the like Uses as those to be sold are now settled ...
The company received its royal charter under the Royal Exchange and London Assurance Corporation Act 1719 (6 Geo. 1.c. 18), popularly known as the Bubble Act. [3] Under the terms of this legislation, the Royal Exchange and the London Assurance Company were the only incorporated bodies chartered to write marine insurance.
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The United States Food and Drugs Administration is warning pet owners about a common medication given to pets to treat arthritis. The F.D.A. now says that the drug Librela may be associated with ...
Robert Shiller gives talks warning about a housing bubble to the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation. He is ignored, and would later call it an incidence of Groupthink. That same year, his second edition of Irrational Exuberance warns that the housing bubble might lead to a worldwide recession ...
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