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Norman X Webster 1934 - 1996

Norman X Webster was born on January 18, 1934, and died at age 62 years old on May 16, 1996. Family, friend, or fan, this family history biography is for you to remember Norman X Webster.

Norman X Webster

January 18, 1934

May 16, 1996

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Norman X Webster Norman Webster (1934 - 1996)

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Norman X Webster's History: 1934 - 1996

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01/18

1934

Birthday

January 18, 1934

Birthdate

Unknown

Birthplace

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05/16

1996

Death

May 16, 1996

Death date

Unknown
Cause of death

Unknown
Death location

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Norman X Webster lived 11 years shorter than the average family member when died at the age of 62.

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Norman X Webster lived 11 years shorter than the average family member when died at the age of 62.

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In 1934, in the year that Norman X Webster 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.

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In 1947, he was merely 13 years old when in June, the Marshall Plan was proposed to help European nations recover economically from World War II. It passed the conservative Republican Congress in March of 1948. After World War I, the economic devastation of Germany caused by burdensome reparations payments led to the rise of Hitler. The Allies didn't want this to happen again and the Marshall Plan was devised to make sure that those conditions didn't arise again.

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