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David Blumenthal 1907 - 1972

David Blumenthal of New Milford, Bergen County, NJ was born on December 12, 1907, and died at age 64 years old in August 1972.
David Blumenthal
New Milford, Bergen County, NJ 07646
December 12, 1907
August 1972
Male
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David Blumenthal's History: 1907 - 1972

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  • 12/12
    1907

    Birthday

    December 12, 1907
    Birthdate
    Unknown
    Birthplace
  • 08/dd
    1972

    Death

    August 1972
    Death date
    Unknown
    Cause of death
    Unknown
    Death location
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  • Did you know?
    David Blumenthal lived 13 years shorter than the average family member when died at the age of 64.
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Did you know?
In 1907, in the year that David Blumenthal 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, by the time he was 27 years old, 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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David Blumenthal's Family Tree & Friends

David Blumenthal's Family Tree

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David's Friends

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