Re: Managed COBOL?
Actually most languages from that time were, what Microsoft now calls "managed". It's simply because back in the day language developers looked at what programmers had difficulties with... and addressed those problems. One of the main problems programmers are still having was pointers. So it's just logical to remove or de-fang those. For systems programmers there still was assembler or C.
It's only in the 1980s that, with things like the emergence of C++, we look at languages and deliberately create more difficulties.