On this day

May 16, 1948

Revisit the news, notable people, and historical moments connected to this date.

Notable Births

1948Jesper Christensen, Danish actor, director, and producer[†]

Jesper Christensen is a Danish actor. A veteran of European cinema, he has made the transition to English language projects, including The Interpreter and Revelations. He has also appeared as the mysterious villain Mr. White in the James Bond films Casino Royale, Quantum of Solace, and Spectre.

1948Judy Finnigan, English talk show host and author[†]

Judith Adele Finnigan is an English television presenter and writer. She co-presented ITV's This Morning and the Channel 4 chat show, Richard & Judy (2001–2008) alongside her husband Richard Madeley. Her debut novel Eloise, published in 2012, was a Sunday Times bestseller. Her second novel, I Do Not Sleep, was published in 2015.

Enrico Fumia

1948Enrico Fumia, Italian automobile and product designer[†]

Enrico Fumia is an Italian automobile and product designer. He is widely known for his work with the car design firm Pininfarina, helping to design and package a new sports car version of the Alfa Romeo, which included front-wheel drive and traversely-mounted engines. Today he runs Fumia Design Studio.

Jimmy Hood

1948Jimmy Hood, Scottish engineer and politician (died 2017)[†]

James Hood was a Scottish Labour Party politician, who served as a Member of Parliament from 1987 until being defeated in 2015. He represented the Clydesdale constituency until 2005, and the Lanark and Hamilton East constituency thereafter. Hood, a National Union of Mineworkers (NUM) trade union official during the miners' strike of 1984–85, remained a backbencher throughout his parliamentary career.

Emma Rothschild

1948Emma Georgina Rothschild, English historian and academic[†]

Emma Georgina Rothschild is an English economic historian, a professor of history at Harvard University. She is director of the Joint Centre for History and Economics at Harvard, and an honorary Professor of History and Economics at the University of Cambridge. She formerly served as board member of United Nations Foundation and as a professor at the École des hautes études en sciences sociales (EHESS) in Paris.

1948Staf Van Roosbroeck, Belgian cyclist[†]

Gustaf Van Roosbroeck is a retired Belgian professional road bicycle racer who competed in the 1970s.

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Headlines from May 16, 1948

RISE IN INTEREST ARGUED FOR BANKS; Treasury's Denial of Higher Rate Now Criticized -- Hope of Change Later Held

By George A. Mooney

Although plainly disappointed by the Treasury's refusal last week to advance the basic interest-rate pattern, bankers here continued to hope that some adjustment would be provided at the next opportunity. Treasury Secretary John W. Snyder, in making the announcement, it was pointed out, explained that "at an appropriate time" the Treasury might make a change, and, according to the bankers, this seems to indicate that "the door is still open."

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