Millie Jane Lak-Molina 1934 - 2009
Millie Lak Molina's Biography
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Millie Jane Lak-Molina
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1934 - 2009 World Events
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In 1934, in the year that Millie Jane Lak-Molina 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 1952, at the age of 18 years old, Millie was alive when on February 6th, George VI of England died from a coronary thrombosis and complications due to lung cancer. His eldest daughter, age 25, immediately ascended the throne as Elizabeth II and her coronation was on June 2 1953.
In 1966, Millie was 32 years old when on September 8th, the first Star Trek episode, "The Man Trap," was broadcast on NBC. The plot concerned a creature that sucked salt from human bodies. The original series only aired for 3 seasons due to low ratings.
In 1980, she was 46 years old when 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.
In 1991, by the time she was 57 years old, on December 25th, the Soviet Union flag was lowered and replaced by the Russian tricolor flag. It was the end of the Soviet Union. Mikhail Gorbachev resigned as President of the Soviet Union and Boris Yeltsin became President of the Russian Republic.
