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Raul Betancourt (1903 - 1980)

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Raul Betancourt
1903 - 1980
Born
January 11, 1903
Death
January 1980
Last Known Residence
Philadelphia, Philadelphia County, Pennsylvania 19128
Summary
Raul Betancourt was born on January 11, 1903. He died in January 1980 at 76 years of age. We know that Raul Betancourt had been residing in Philadelphia, Philadelphia County, Pennsylvania 19128.
Updated: October 6, 2011
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Raul Betancourt died in January 1980 at age 76. He was born on January 11, 1903. We have no information about Raul's immediate family. We know that Raul Betancourt had been residing in Philadelphia, Philadelphia County, Pennsylvania 19128.
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Refresh this page to see various historical events that occurred during Raul's lifetime.

In 1903, in the year that Raul Betancourt was born, the silent film, The Great Train Robbery opened. Although it was filmed in Milltown, New Jersey, it was a Western. Twelve minutes long, the film used a lot of innovative techniques - some scenes were hand colored and composite editing, on-location shooting, and frequent camera movement were used. Its budget was $150 (about $4000 currently) and was the most popular film until 1915 when Birth of a Nation was released.

In 1934, at the age of 31 years old, Raul 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.

In 1948, at the age of 45 years old, Raul was alive when on May 14th, the State of Israel was proclaimed by David Ben-Gurion, who became Israel's first Premier, and the U.S. officially recognized Israel. That evening, Egypt launched an air assault on Israel.

In 1974, when he was 71 years old, on February 5th, Patty Hearst, age 19 - granddaughter of William Randolph Hearst and daughter of publisher of the San Francisco Examiner Randolph Hearst - was kidnapped by the Symbionese Liberation Army, a left wing terrorist group. She was found, alive, 19 months later.

In 1980, in the year of Raul Betancourt's passing, on April 24th, a rescue attempt was begun in the Iranian Hostage Crisis. The attempt failed and 8 US servicemen were killed. Eight helicopters had been sent for the mission, but only 5 arrived in operating condition., Since the military had advised that the mission be aborted if there were fewer than 6 helicopters, President Carter stopped it. Upon leaving, a helicopter collided with a transport plane and the men were killed.

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Created on Jun 04, 2020 by Daniel Pinna
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