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Louis Fliashnski 1907 - 1986

Louis Fliashnski of Minneapolis, Hennepin County, Minnesota was born on August 27, 1907, and died at age 79 years old in September 1986.

Louis Fliashnski
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Minneapolis, Hennepin County, Minnesota 55417
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August 27, 1907
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September 1986
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Updated: November 8, 2011
Biography ID: 71597479 What's this
Louis Fliashnski Louis Fliashnski (1907 - 1986)
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Louis Fliashnski's History: 1907 - 1986

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  • 08/27
    1907

    Birthday

    August 27, 1907
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    Unknown
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  • 09/dd
    1986

    Death

    September 1986
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    Louis Fliashnski lived 1 year longer than the average family member when died at the age of 79.
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In 1907, in the year that Louis Fliashnski 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 1919, he was merely 12 years old when in June, the Treaty of Versailles - officially ending World War I - was signed. The European Allies demanded "compensation by Germany for all damage done to the civilian population of the Allies and their property by the aggression of Germany by land, by sea and from the air.” The requirement of compensation is seen by most as the reason for the collapse of the German economy and gave rise to the rule of Hitler.
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Other Fliashnski Family Biographies

Fliashnski, Luis (Aug 27, 1908 - Sep 19, 1986)
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