Breakthroughs and everyday innovations from the year.
HEADLINES ON January 31, 2002
Full News Archive
- Headline: Enron's Highs Before the Downfall. Impact: If Enron hadn't been flying so high in 2000, the whole world might have turned into a financial utopia instead of the chaotic rollercoaster ride we know today. Picture a world where we never learned the term 'toxic asset'—just think of the therapy bills we could have avoided!. Fact: Fun fact: Enron was once considered a darling of Wall Street, proving that even the most beloved companies can be one accounting scandal away from a dramatic fall. It's like the ultimate 'hold my beer' moment for corporate America..
- Headline: Viacom Board Intervenes in Executive Feud. Impact: The Viacom board's attempt to cool off a public feud is like putting a band-aid on a volcano. Their failure to address corporate egos could have led to a reality show called 'Survivor: Executive Edition,' where board members compete for dominance with increasingly ridiculous challenges.. Fact: Did you know that corporate boardrooms often resemble high school cafeterias? It's all about cliques, power struggles, and the occasional food fight—just with more expensive suits and fewer lunch trays..
- Headline: Putting Parolees on a Tighter Leash. Impact: The introduction of the 'box' for parolees could have inadvertently led to the creation of a new sport called 'Parolee Tag.' Imagine the Olympic events: sprinting, hiding, and evading GPS signals, all while trying to avoid getting caught. What a twist on modern athletics!. Fact: Did you know that the original idea for ankle monitors was to help people stay out of trouble? But really, it just made parolees more creative in their escape plans. Who knew a four-pound device could inspire a whole new level of ingenuity?.
- Headline: Arrest of Convicted Killer Raises Concerns About Missed Warnings. Impact: Edwin Snelgrove's arrest is a chilling reminder that sometimes, the past comes back to haunt us. If only there were a crystal ball to predict his trajectory. Perhaps it could have made a fortune in the stock market by betting against bad decisions.. Fact: Fun fact: The law enforcement officials lamenting missed warnings should consider using a magic eight ball next time. It might not be accurate, but at least it would be more entertaining than waiting for the system to predict the next criminal!.
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)