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Paul L Krichbaum 1907 - 1993

Paul L Krichbaum of Scottsdale, Maricopa County, AZ was born on June 22, 1907, and died at age 85 years old on March 25, 1993.

Paul L Krichbaum

Scottsdale, Maricopa County, AZ 85261

June 22, 1907

March 25, 1993

Male

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Paul L Krichbaum Paul Krichbaum (1907 - 1993)

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Paul L Krichbaum's History: 1907 - 1993

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06/22

1907

Birthday

June 22, 1907

Birthdate

Unknown

Birthplace

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03/25

1993

Death

March 25, 1993

Death date

Unknown
Cause of death

Unknown
Death location

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Paul L Krichbaum lived 7 years longer than the average family member when died at the age of 85.

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Paul L Krichbaum lived 7 years longer than the average family member when died at the age of 85.

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Did you know?

In 1907, in the year that Paul L Krichbaum 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.

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In 1934, Paul was 27 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.

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Paul Krichbaum's Family Tree & Friends

Paul Krichbaum's Family Tree

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Paul L Krichbaum Jun 22, 1907 - Mar 25, 1993

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