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Bennie Mercer 1907 - 1987

Bennie Mercer of Chicago, Cook County, Illinois was born on April 3, 1907, and died at age 80 years old in September 1987.
Bennie Mercer
Chicago, Cook County, Illinois 60623
April 3, 1907
September 1987
Male
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Bennie Mercer's History: 1907 - 1987

Uncover new discoveries and connections today by sharing about people & moments from yesterday.
  • 04/3
    1907

    Birthday

    April 3, 1907
    Birthdate
    Unknown
    Birthplace
  • 09/dd
    1987

    Death

    September 1987
    Death date
    Unknown
    Cause of death
    Unknown
    Death location
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  • Did you know?
    Bennie Mercer lived 8 years longer than the average family member when died at the age of 80.
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Did you know?
In 1907, in the year that Bennie Mercer 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, Bennie was 27 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.
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Bennie Mercer's Family Tree & Friends

Bennie Mercer's Family Tree

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Friendships

Bennie's Friends

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 Followers & Sources
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