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HEADLINES ON January 30, 1946
Full News Archive
- Headline: Kayser Issue Securities Offered. Impact: This seemingly dull securities transaction set off a chain reaction that led to the invention of the first 'money tree' in someone's backyard. Unfortunately, it only produced Monopoly money.. Fact: Did you know that securities transactions have nothing to do with actual security? You wonβt feel any safer after investing, promise!.
- Headline: Ribbentrop's Emotional Response at Nuremberg. Impact: The horrors of the Nuremberg trials forever altered how war crimes are prosecuted, leading to a world that now thinks 'never again' while still warping the fabric of ethics like a bad pretzel.. Fact: Tragically, the Nuremberg trials were a grim reminder that humanity can sink to unfathomable depths. And yet, some still argue it's just a misunderstanding..
- Headline: Tugboat Strike Disrupts Harbor Traffic. Impact: The tugboat strike caused a ripple effect that led to the invention of the first floating pizza delivery service. Thank you, tugboat unions, for our midnight cravings!. Fact: Tugboats are like the unsung heroes of the harborβuntil they decide to strike. Then theyβre just inconvenient boats..
- Headline: New 'Security Formula' Aids Employer As Well as Union at Ford of Canada; Dispute of Over Two Years. Impact: The resolution of this labor dispute led to the creation of a new 'security formula' that eventually inspired the first corporate retreat, where employees learned to meditate while pretending to care about team bonding.. Fact: If only they had a formula for guaranteeing that meetings would be shorter than the actual disputes!.
- Headline: NEW ISSUE PLANNED; Grayson Stockholders to Meet Feb. 8 to Consider Proposal. Impact: This stockholder meeting led to the creation of the first-ever 'Proposal Bingo,' where investors tried to guess the outcome while secretly hoping for an early lunch.. Fact: Stockholder meetings are the only gatherings where people get excited about proposals that donβt involve weddings or parties..
- Headline: TRANSIT UNION ACTS TO PRESENT DEMANDS. Impact: The union's demands set a precedent, leading to the infamous 'Demand Olympics,' where unions compete over who can ask for more benefits with the best flair.. Fact: Transit unions are great at 'acting'βmostly because they have to act like theyβre happy when theyβre not!.
- Headline: CHURCHILL LAUDS HOPKINS' WISDOM; Cites Skill in Cutting to the Core of Problem--'Served Well,' Mrs. Roosevelt Says. Impact: This tribute to Hopkins inspired a generation of leaders who believed that cutting to the core meant eliminating all the fluff, which ironically led to a lot of empty speeches.. Fact: Winston Churchill had a way with wordsβtoo bad he didnβt have a way with the teleprompter!.
Wall Street Time Machine
PFE
Pfizer
Pfizer - If you invested $1,000 in 1946, it would be worth $168,691 today (168.7x return)
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1946, it would be worth $3,433,942 today (3433.9x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1946, it would be worth $586,656 today (586.7x return)