Steve Toth (1918 - 2002)

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Summary

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Steve Toth Biography & Family History

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Birth

Death

Cause of death

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Obituary

Last Known Residence

Pittsburgh, Allegheny County, Pennsylvania

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Education

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Gender

Male

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Timeline

1918 - In the year that Steve Toth was born, in July, Russian revolutionaries executed the former Tzar Nicholas II and his immediate family. While it was rumored that two of the children had survived, it was later proven through DNA analysis - when their bodies were found - that the entire family had been killed.

1933 - At the age of only 15 years old, Steve was alive when on March 4th, Franklin Delano Roosevelt became the 32nd President of the United States. He was elected four times (equaled by no other President) and guided the United States through the Great Depression, the Dust Bowl, and World War 2. His wife was his cousin Eleanor Roosevelt (Teddy Roosevelt's niece) who President Truman called "First Lady of the World". Some of the major programs that survive from his presidency are the Securities and Exchange Commission, the Wagner Act (The National Labor Relations Act of 1935) , the Federal Deposit Insurance Corporation and Social Security.

1934 - By the time he was 16 years old, 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.

1981 - Steve was 63 years old when on January 20th, Ronald Reagan became the 40th President of the United States. He ran against the incumbent, Jimmy Carter, and won 50.7% of the popular vote to Carter's 41.0%.

1984 - When he was 66 years old, on January 1, "Baby Bells" were created. AT&T had been the provider of telephone service (and equipment) in the United States. The company kept Western Electric, Bell Labs, and AT&T Long Distance. Seven new regional companies (the Baby Bells) covered local telephone service and were separately owned. AT&T lost 70% of its book value due to this move.

Steve Toth Family Tree

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Obituary

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Steve Toth died on June 5, 2002 at 84 years old. There is no known cause of death for Steve. He was born on March 30, 1918. We have no information about Steve's family. We know that Steve Toth had been residing in Pittsburgh, Allegheny County, Pennsylvania.

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