Michael Formato (1889 - 1976)

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Summary

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Michael Formato Biography & Family History

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Cause of death

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Last Known Residence

Levittown, Bucks County, Pennsylvania

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Gender

Male

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Timeline

1889 - In the year that Michael Formato was born, on February 22nd, President Cleveland signed a bill allowing North Dakota, South Dakota, Montana and Washington to become states. North and South Dakota became the 39th and 40th states on November 2nd, Montana became the 41st state on November 8th, and Washington became the 42nd state on November 11th.

1926 - When he was 37 years old, on November 15th, NBC was founded. It was the U.S.'s first major broadcast network. Ownership of the network was split between RCA (a majority partner at 50%), its founding corporate parent General Electric (which owned 30%), and Westinghouse (which owned the remaining 20%).

1934 - When he was 45 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.

1936 - When he was 47 years old, on November 2nd, the British Broadcasting Corporation (BBC) debuted the world's first regular high-definition television service. The channel had a short schedule - Monday through Saturday, 3:00p to 4:00p and 9:00p to 10:00p. The first broadcast was "Opening of the BBC Television Service".

1976 - In the year of Michael Formato's passing, The United States celebrated the Bicentennial of the adoption of the Declaration of Independence. It was a year long celebration, with the biggest events taking place on July 4th.

Michael Formato Family Tree

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Obituary

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Michael Formato passed away in May 1976 at age 86. No cause of death has been entered. He was born on June 16, 1889. There is no information about Michael's immediate family. We know that Michael Formato had been residing in Levittown, Bucks County, Pennsylvania.

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