Pedro L Naranjo (1934 - 2004)

Refresh this page to see various historical events that occurred during Pedro's lifetime.

In 1934, in the year that Pedro L Naranjo 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 1947, Pedro was only 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.

In 1956, Pedro was 22 years old when on May 20th, the U.S. tested the first hydrogen bomb dropped from a plane over Bikini Atoll. Previously, hydrogen bombs had only been tested on the ground. The Atomic Age moved forward.

In 1965, at the age of 31 years old, Pedro was alive when the television show "I Spy" premiered in the fall season on NBC. The stars were Bill Cosby and Robert Culp, making Cosby the first African American to headline a television show. Four stations - in Georgia, Florida, and Alabama - refused to air the show.

In 1999, when he was 65 years old, on January 1st, the Euro became the new official single currency of the eurozone. It was used by Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain and has since spread in use. Daily, over 337 million Europeans use the euro.