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Raymond Sawyer 1934 - 2005

Raymond Sawyer of Chicago Ridge, Cook County, IL was born on July 2, 1934, and died at age 71 years old on October 20, 2005.

Raymond Sawyer

Chicago Ridge, Cook County, IL 60415

July 2, 1934

October 20, 2005

Male

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Raymond Sawyer Raymond Sawyer (1934 - 2005)

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Raymond Sawyer's History: 1934 - 2005

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07/2

1934

Birthday

July 2, 1934

Birthdate

Unknown

Birthplace

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10/20

2005

Death

October 20, 2005

Death date

Unknown
Cause of death

Unknown
Death location

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Raymond Sawyer lived 2 years shorter than the average family member when died at the age of 71.

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Raymond Sawyer lived 2 years shorter than the average family member when died at the age of 71.

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In 1934, in the year that Raymond Sawyer 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 1944, he was merely 10 years old when on June 22nd, the Servicemen's Readjustment Act of 1944, called the G.I. Bill, was signed into law, pushed through by the veteran's organizations. Benefits provided for veterans to return to school (high school, vocational school, or college), obtain low interest home mortgages and low interest business loans, and (if needed) one year of unemployment insurance. Since most returning vets immediately found work, less than 20% of the unemployment benefits were distributed.

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