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HEADLINES ON January 22, 1957
Full News Archive
- Headline: Iowa Insurance Chief's Theft Scandal. Impact: Had this Iowa Insurance Chief not been caught for petty theft, he might have gone on to become a wildly successful insurance mogul. Instead, he inspired a generation of insurance agents to hide their petty crimes better, leading to a spike in insurance fraud cases in the late 2000s. Thanks, Des Moines!. Fact: Did you know that insurance fraud is often considered a 'victimless crime'? Because, you know, money just grows on trees, right?.
Wall Street Time Machine
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1957, it would be worth $3,433,941 today (3433.9x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1957, it would be worth $586,657 today (586.7x return)
MO
Philip Morris
Philip Morris - If you invested $1,000 in 1957, it would be worth $23,651,363 today (23651.4x return)