Gadgets, lab surprises, odd bets, and future-shocks from this slice of the calendar.
The Sounds of
Popular recordings and roots/country selections associated with the year
HEADLINES ON February 28, 1990
Full News Archive
- Headline: New Leadership at Detroit Edison. Impact: When John E. Lobbia took over at Detroit Edison, his innovative policies led to an unexpected surge in electric vehicle popularity. This resulted in the rise of a future where everyone drives an electric car, except for that one guy still clinging to his gas guzzler who constantly complains about the 'good old days.'. Fact: Did you know that mandatory retirement ages are a great way to ensure that only the wise and experienced run companies? Just kidding, it's mostly an ageist tradition that leaves a lot of knowledge at the door. Thanks, society!.
- Headline: Security Pacific Names New CEO. Impact: Donald K. Johnson's appointment at Security Pacific was the first domino in a series of events that led to the creation of the world's most unnecessary hedge fund, which only invested in beanie babies. It ultimately bankrupted the company, but hey, it was a wild ride until then!. Fact: Fun fact: appointing a new CEO is like adding a new flavor to yogurt—sometimes it’s amazing, other times you wonder who thought ‘garlic’ was a good idea..
Wall Street Time Machine
MSFT
Microsoft
Microsoft - If you invested $1,000 in 1990, it would be worth $1,285,532 today (1285.5x return)
AAPL
Apple
Apple - If you invested $1,000 in 1990, it would be worth $1,043,076 today (1043.1x return)