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Jerome Faraone 1907 - 1981

Jerome Faraone of Mount Kisco, Westchester County, NY was born on September 1, 1907, and died at age 73 years old in August 1981.

Jerome Faraone

Mount Kisco, Westchester County, NY 10549

September 1, 1907

August 1981

Male

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Jerome Faraone Jerome Faraone (1907 - 1981)

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Jerome Faraone's History: 1907 - 1981

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09/1

1907

Birthday

September 1, 1907

Birthdate

Unknown

Birthplace

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08/dd

1981

Death

August 1981

Death date

Unknown
Cause of death

Unknown
Death location

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Jerome Faraone lived 2 years shorter than the average family member when died at the age of 73.

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Jerome Faraone lived 2 years shorter than the average family member when died at the age of 73.

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In 1907, in the year that Jerome Faraone 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 1931, at the age of 24 years old, Jerome was alive when on May 1st, the Empire State Building opened in New York City. At 1,454 feet (including the roof and antenna), it was the tallest building in the world until the World Trade Center's North Tower was built in 1970. (It is now the 34th tallest.) Opening at the beginning of the Great Depression, most of the offices in the Empire State Building remained unoccupied for years and the observation deck was an equal source of revenue and kept the building profitable.

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Jerome Faraone's Family Tree & Friends

Jerome Faraone's Family Tree

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Jerome Faraone Sep 1, 1907 - Aug 1981

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