George Clay (1934 - 1970)

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Summary

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George Clay Biography & Family History

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Birth

Death

Cause of death

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Gender

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Timeline

1934 - In the year that George Clay was born, 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.

1957 - At the age of 23 years old, George was alive when on October 4th, the Soviet Union launched Sputnik I, the first man made earth-orbiting satellite - and triggered the Space Race. Sputnik I was only 23 inches in diameter and had no tracking equipment, only 4 antennas, but it had a big impact.

1958 - When he was 24 years old, on January 31st, Explorer I, the United States' answer to Sputnik I (and 2,) was launched. America had entered the Space Race. The first spacecraft to detect the Van Allen radiation belt, it remained in orbit until 1970.

1960 - He was 26 years old when on May 1st, an American CIA U-2 spy plane, piloted by Francis Gary Powers, was shot down by a surface-to-air missile over the Soviet Union. Powers ejected and survived but was captured. The U.S. claimed that the U-2 was a "weather plane" but Powers was convicted in the Soviet Union of espionage. He was released in 1962 after 1 year, 9 months and 10 days in prison.

1970 - In the year of George Clay's passing, on April 10th, Paul McCartney announced that he was leaving the Beatles. (John Lennon had previously told the band that he was leaving but hadn't publicly announced it.) By the end of the year, each Beatle had his own album.

George Clay Family Tree

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Obituary

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George Clay passed away in November 1970 at 36 years old. No cause of death has been listed for George. He was born on January 22, 1934. We are unaware of information about George's immediate family.

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