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Margaret Mcdermott 1907 - 1983

Margaret Mcdermott of Anaheim, Orange County, California was born on August 3, 1907, and died at age 75 years old in March 1983.
Margaret Mcdermott
Anaheim, Orange County, California 92805
August 3, 1907
March 1983
Female
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Margaret Mcdermott's History: 1907 - 1983

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  • 08/3
    1907

    Birthday

    August 3, 1907
    Birthdate
    Unknown
    Birthplace
  • 03/dd
    1983

    Death

    March 1983
    Death date
    Unknown
    Cause of death
    Unknown
    Death location
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  • Did you know?
    Margaret Mcdermott lived 2 years longer than the average family member when died at the age of 75.
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Did you know?
In 1907, in the year that Margaret Mcdermott 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 she 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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Margaret Mcdermott's Family Tree & Friends

Margaret Mcdermott's Family Tree

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Friendships

Margaret's Friends

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Other Biographies

Other Margaret Mcdermott Biographies

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