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Nestor J Totero 1907 - 1989

Nestor J Totero of New York, New York County, NY was born on October 22, 1907, and died at age 81 years old on May 4, 1989.
Nestor J Totero
New York, New York County, NY 10023
October 22, 1907
May 4, 1989
Male
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Nestor J Totero's History: 1907 - 1989

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  • 10/22
    1907

    Birthday

    October 22, 1907
    Birthdate
    Unknown
    Birthplace
  • 05/4
    1989

    Death

    May 4, 1989
    Death date
    Unknown
    Cause of death
    Unknown
    Death location
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  • Did you know?
    Nestor J Totero lived 2 years longer than the average family member when died at the age of 81.
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Did you know?
In 1907, in the year that Nestor J Totero 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, at the age of 27 years old, Nestor was alive 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.
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Nestor Totero's Family Tree & Friends

Nestor Totero's Family Tree

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Friendships

Nestor's Friends

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