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Peter Michaels 1911 - 1976

Peter Michaels of New York, New York County, NY was born on August 11, 1911, and died at age 64 years old in April 1976.

Peter Michaels

New York, New York County, NY 10001

August 11, 1911

April 1976

Male

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Peter Michaels Peter Michaels (1911 - 1976)

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Peter Michaels' History: 1911 - 1976

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08/11

1911

Birthday

August 11, 1911

Birthdate

Unknown

Birthplace

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04/dd

1976

Death

April 1976

Death date

Unknown
Cause of death

Unknown
Death location

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Peter Michaels lived 9 years shorter than the average family member when died at the age of 64.

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Peter Michaels lived 9 years shorter than the average family member when died at the age of 64.

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Did you know?

In 1911, in the year that Peter Michaels was born, the United States Supreme Court broke up Standard Oil in May. John D. Rockefeller established Standard Oil in 1870 and it was the largest oil refinery at the time. The Supreme Court found that Standard Oil of New Jersey (one of the many iterations of Standard Oil) was guilty of "monopolizing the petroleum industry through a series of abusive and anticompetitive actions". The Court broke up the several entities that comprised Standard Oil and they eventually became competing firms.

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In 1934, he was 23 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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