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Walter R Alberg 1934 - 1995

Walter R Alberg was born on November 19, 1934, and died at age 60 years old on May 3, 1995. Family, friend, or fan, this family history biography is for you to remember Walter R Alberg.

Walter R Alberg

November 19, 1934

May 3, 1995

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Walter R Alberg Walter Alberg (1934 - 1995)

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Walter R Alberg's History: 1934 - 1995

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11/19

1934

Birthday

November 19, 1934

Birthdate

Unknown

Birthplace

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05/3

1995

Death

May 3, 1995

Death date

Unknown
Cause of death

Unknown
Death location

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Walter R Alberg lived 16 years shorter than the average family member when died at the age of 60.

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Walter R Alberg lived 16 years shorter than the average family member when died at the age of 60.

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In 1934, in the year that Walter R Alberg 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 1941, at the age of merely 7 years old, Walter was alive when in his State of the Union address on January 6th, President Roosevelt detailed the "four freedoms" that everyone in the world should have: Freedom of speech, Freedom of worship, Freedom from want, and Freedom from fear. In the same speech, he outlined the benefits of democracy which he said were economic opportunity, employment, social security, and the promise of "adequate health care".

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