Deregulation was a process of removing federal authority and regulations from certain industries in order to help them prosper more easily. Some industries boomed and some busted, most notable being the savings and loans industry with banks having an easier time to do their business with the people. Some industries weren't affected at all like the agricultural industry, most notably farmers.
A. he is hanged from the very gallows he had built for Mordecai.
The Trojan War happened I think during that time.