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Claudie Womack 1907 - 1977

Claudie Womack of Elk City, Beckham County, Oklahoma was born on June 10, 1907, and died at age 69 years old in February 1977.

Claudie Womack

Elk City, Beckham County, Oklahoma 73644

June 10, 1907

February 1977

Female

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Claudie Womack Claudie Womack (1907 - 1977)

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Claudie Womack's History: 1907 - 1977

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06/10

1907

Birthday

June 10, 1907

Birthdate

Unknown

Birthplace

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02/dd

1977

Death

February 1977

Death date

Unknown
Cause of death

Unknown
Death location

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Claudie Womack lived 2 years shorter than the average family member when died at the age of 69.

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Claudie Womack lived 2 years shorter than the average family member when died at the age of 69.

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Did you know?

In 1907, in the year that Claudie Womack 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.

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In 1934, Claudie was 27 years old 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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