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William E Schoer (1926 - 1998)

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William E Schoer
1926 - 1998
Born
August 31, 1926
Death
August 12, 1998
Last Known Residence
Hollywood, Broward County, Florida 33026
Summary
William E Schoer was born on August 31, 1926. He died on August 12, 1998 at age 71. We know that William E Schoer had been residing in Hollywood, Broward County, Florida 33026.
Updated: November 2, 2011
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William E Schoer
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William E Schoer passed away on August 12, 1998 at 71 years old. He was born on August 31, 1926. There is no information about William's family. We know that William E Schoer had been residing in Hollywood, Broward County, Florida 33026.
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Refresh this page to see various historical events that occurred during William's lifetime.

In 1926, in the year that William E Schoer was born, on November 15th, NBC was founded. It was the U.S.'s first major broadcast network. Ownership of the network was split between RCA (a majority partner at 50%), its founding corporate parent General Electric (which owned 30%), and Westinghouse (which owned the remaining 20%).

In 1934, William was merely 8 years old 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 1973, at the age of 47 years old, William was alive when in October, Vice President Spiro Agnew resigned - President Nixon nominated Gerald Ford for Vice President. Nixon's tax returns came under investigation. Nixon offered the recently discovered Oval Office tapes be heard by one person and summarized - his offer was rejected by the Special Prosecutor. Nixon ordered the Attorney General, then the assistant Attorney General, to fire the Special Prosecutor. Both refused and were fired. The Solicitor General became the acting Attorney General and fired the Special Prosecutor (the Saturday Night Massacre). Nixon releases some of the tapes, under extreme pressure because of the firings.

In 1984, William was 58 years old when 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.

In 1998, in the year of William E Schoer's passing, on December 19th, the House of Representatives initiated impeachment charges against U.S. President Bill Clinton. He was subsequently acquitted of these charges by the Senate on February 12th.

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Created on Jun 04, 2020 by Daniel Pinna
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