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Berneice Zechoski 1907 - 1976

Berneice Zechoski of Cloquet, Carlton County, Minnesota was born on August 26, 1907, and died at age 68 years old in February 1976.

Berneice Zechoski
Name
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Cloquet, Carlton County, Minnesota 55720
Last residence
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August 26, 1907
Birth
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February 1976
Death
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Updated: November 8, 2011
Biography ID: 72568391 What's this
Berneice Zechoski Berneice Zechoski (1907 - 1976)
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Berneice Zechoski's History: 1907 - 1976

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  • 08/26
    1907

    Birthday

    August 26, 1907
    Birthdate
    Unknown
    Birthplace
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  • 02/dd
    1976

    Death

    February 1976
    Death date
    Unknown
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  • Did you know?
    Berneice Zechoski lived 8 years shorter than the average family member when died at the age of 68.
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In 1907, in the year that Berneice Zechoski was born, in October, over a 3 week period, the New York stock exchange fell almost 50% from the previous year's high mark. Public panic ensued and there were runs on banks since the U.S. was in the middle of a recession. J.P. Morgan offered his own fortune to back the banks and he was followed by other financiers. This temporarily shored up the banking system, stopping the immediate panic. All of this led to the creation of the Federal Reserve.
Did you know?
In 1934, at the age of 27 years old, Berneice was alive when on June 6th, the U.S. Securities and Exchange Commission was formed as a response to the stock market crash of 1929 and the continuing Great Depression. Previously, the states regulated the offering and sales of stocks - called "blue sky" laws. They were largely ineffective. Roosevelt created a group (one member was Joseph Kennedy, father of the future President Kennedy) who knew Wall Street well and they defined the mission and operating mode for the SEC. The new organization had broad and stringent rules and oversight and restored public confidence in the stock market in the United States.
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Berneice Zechoski's Family Tree & Friends

Berneice Zechoski's Family Tree

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Berneice Zechoski Aug 26, 1907 - Feb 1976
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Other Biographies

Other Zechoski Family Biographies

Zechoski, John (Sep 28, 1903 - Aug 16, 1992)
Zechoski, Shirley (Jul 4, 1935 - Jul 22, 2005)
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