Breakthroughs and everyday innovations from the year.
HEADLINES ON January 12, 2002
Full News Archive
- Headline: Political Implications of Enron's Collapse. Impact: The Enron scandal caused a ripple effect, leading to an increase in corporate transparency regulations. In a parallel universe, it inspired a hit Broadway musical called 'Enron: The Musical,' where accountants tap danced their way to ruin.. Fact: Enron was once hailed as a genius company; now it's synonymous with corporate greed. Talk about a glow-up!.
- Headline: Audit Papers Usually Held For Years, Accountants Say. Impact: The revelation about audit papers being kept for years led to an unexpected trend of conspiracy theories about hidden documents. Historians of the future will unearth the 'lost Enron files,' which will turn out to be nothing more than a collection of old pizza receipts.. Fact: Accountants are like ninjas: they quietly handle your money and can make your financial problems disappear—until they don’t. Then, it’s all receipts and chaos!.
Wall Street Time Machine
NFLX
Netflix
Netflix - If you invested $1,000 in 2002, it would be worth $785,671 today (785.7x return)
AAPL
Apple
Apple - If you invested $1,000 in 2002, it would be worth $779,032 today (779.0x return)