In chicago, a city with more polish people than anywhere else in the united states, casimir pulaski day is always a very important holiday. although not well remembered in the rest of the country, pulaski was a polish-born hero of the american revolution and a cavalry general. what concept to explain why this holiday is so much more important to people who trace their ancestry to poland

Gif the public and community loses trust in banks it affects the entire u. s. financial system. in order to keep this type of financial contagion from happening, the fed makes as needed short-term emergency loans, by acting as the lender of last resort. guides and regulates private deposit insurance programs to cover insolvent bank losses. decreases the money supply as acting lender of last resort.