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Louis Dodd (1934 - 1980)

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Louis Dodd
1934 - 1980
Born
September 6, 1934
Death
April 1980
Summary
Louis Dodd was born on September 6, 1934. He died in April 1980 at 45 years of age.
Updated: November 8, 2011
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Louis Dodd died in April 1980 at 45 years old. He was born on September 6, 1934. We have no information about Louis' surviving family.
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1934 - 1980 World Events

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In 1934, in the year that Louis Dodd 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.

In 1947, Louis was just 13 years old when in June, the Marshall Plan was proposed to help European nations recover economically from World War II. It passed the conservative Republican Congress in March of 1948. After World War I, the economic devastation of Germany caused by burdensome reparations payments led to the rise of Hitler. The Allies didn't want this to happen again and the Marshall Plan was devised to make sure that those conditions didn't arise again.

In 1951, he was 17 years old when on April 5th, Julius and Ethel Rosenberg (husband and wife) were sentenced to death for treason. They were executed on June 19th. American citizens, they were convicted of spying for the Soviet Union. Their two young sons were adopted by a high school teacher and his wife.

In 1967, at the age of 33 years old, Louis was alive when between June 5th and 10th, Israeli and Egypt, Jordan, and Syria fought what came to be called the "Six-Day War". The hostilities began when Israel launched "preemptive" strikes against Egypt, destroying nearly its entire air force. It ended with Israel occupying the Sinai Peninsula, Golan Heights, Gaza Strip and West Bank.

In 1980, in the year of Louis Dodd's passing, on April 24th, a rescue attempt was begun in the Iranian Hostage Crisis. The attempt failed and 8 US servicemen were killed. Eight helicopters had been sent for the mission, but only 5 arrived in operating condition., Since the military had advised that the mission be aborted if there were fewer than 6 helicopters, President Carter stopped it. Upon leaving, a helicopter collided with a transport plane and the men were killed.

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