Mark J Laffey (1920 - 1988)

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Mark J Laffey
1920 - 1988
Born
January 4, 1920
Death
July 25, 1988
Summary
Mark J Laffey was born on January 4, 1920. He died on July 25, 1988 at 68 years of age.
Updated: February 6, 2019
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Mark J Laffey
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Mark J Laffey died on July 25, 1988 at 68 years old. He was born on January 4, 1920. We have no information about Mark's family or relationships.

Refresh this page to see various historical events that occurred during Mark's lifetime.

In 1920, in the year that Mark J Laffey was born, on November 2, radio station KDKA began broadcasting in Pittsburgh, PA. This was the first commercial radio broadcast in the United States. Westinghouse, a leading manufacturer of radios and the backer of the station, chose the date because of the Presidential election. People liked it because they could hear about the results of the election between Harding and Cox before the morning papers arrived. Four years later, there were 600 commercial stations broadcasting in the U.S.

In 1934, Mark was merely 14 years old when 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 1948, Mark was 28 years old when on January 30th, Mahatma Gandhi was assassinated in New Delhi by a member of a Hindu nationalist party who thought that Gandhi was too accommodating to Muslims. The man, Nathuram Godse, shot Gandhi 3 times. He died immediately. The shooter was tried, convicted, and hung in November 1949.

In 1967, Mark was 47 years old when on October 2nd, Thurgood Marshall was sworn in as the first black US Supreme Court justice. Marshall was the great-grandson of a slave and graduated first in his class at Howard University Law School. His nomination to the Supreme Court was approved by the Senate, 69 to 11.

In 1988, in the year of Mark J Laffey's passing, on December 21st, Pan Am Flight 103 exploded over Lockerbie Scotland. The explosion killed all 259 people on board and another 11 on the ground. The flight had left Heathrow Airport in London less than an hour before, on its way to New York. After an exhaustive (and long) investigation it came to be believed that two individuals from Libya had planted the bomb.

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