[MIham] How true is this?

[FSK]

Here's something for all you History buffs.
and i was wondering how true this is?
                                        Frank

Hi Folks,

I got an email from someone today pointing me at this article on the web
http://www.computerworld.com/printthis/2003/0,4814,88646,00.html

And inside it is

After litigation comes regulation. Historically, regulation always follows
catastrophe. In 1912, Marconi Co. operators aboard the Titanic were slow to
receive the iceberg warnings because relays were jammed by the crush of
unregulated amateur wireless users hogging the spectrum. The Radio Act of
1912
followed and, eventually, the Federal Communications Commission was formed.
The
crash of 1929 begat sweeping financial regulations and gave birth to the
Securities and Exchange Commission.

Does anyone know if this is true? I sure don't, but if its not true, I feel
compelled to reply to the author

Regards
de John
EI7IG


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