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Thomas Marsdale 1907 - 1982

Thomas Marsdale of Cocoa, Brevard County, FL was born on February 24, 1907, and died at age 75 years old in December 1982.

Thomas Marsdale
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Cocoa, Brevard County, FL 32922
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February 24, 1907
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December 1982
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Updated: October 6, 2011
Biography ID: 20465431 What's this
Thomas Marsdale Thomas Marsdale (1907 - 1982)
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Thomas Marsdale's History: 1907 - 1982

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  • 02/24
    1907

    Birthday

    February 24, 1907
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    Unknown
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  • 12/dd
    1982

    Death

    December 1982
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  • Did you know?
    Thomas Marsdale lived 8 years shorter than the average family member when died at the age of 75.
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In 1907, in the year that Thomas Marsdale was born, in October, over a 3 week period, the New York stock exchange fell almost 50% from the previous year's high mark. Public panic ensued and there were runs on banks since the U.S. was in the middle of a recession. J.P. Morgan offered his own fortune to back the banks and he was followed by other financiers. This temporarily shored up the banking system, stopping the immediate panic. All of this led to the creation of the Federal Reserve.
Did you know?
In 1934, when he was 27 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.
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Other Biographies

Other Marsdale Family Biographies

Marsdale, George (Feb 14, 1916 - Apr 26, 1999) Marsdale, Ruthven (Feb 17, 1908 - May 1977) Marsdale, Allen (Jun 26, 1913 - Mar 8, 2004) Marsdale, Edith (Aug 17, 1913 - Apr 10, 2010) Marsdale, Jeanette (Jun 24, 1909 - Aug 4, 2001)
Marsdale, Edna (Jul 16, 1907 - Feb 17, 1998) Marsdale, Mary (Aug 21, 1914 - Mar 8, 2011) Marsdale, Ernest (Sep 27, 1905 - Mar 1985) Marsdale, Ernest (Mar 3, 1929 - Jul 4, 1992) Marsdale, Veronica (Dec 15, 1928 - Feb 23, 2007)
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