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HEADLINES ON February 3, 2002
Full News Archive
- Headline: Secrecy in the Bush Administration. Impact: If the Bush administration had been more transparent, perhaps people wouldn't have started wearing 'Trust No One' shirts. The butterfly flaps its wings, and suddenly, conspiracy theories are as common as avocado toast.. Fact: Did you know that the government keeping secrets can lead to a thriving market for tinfoil hats? Fashion and paranoia go hand in hand!.
- Headline: The Enron Scandal Unveiled. Impact: The outrage over Enron's collapse birthed a new wave of regulations, which, in turn, made accounting firms invest in 'How to Not Get Caught' seminars. One small scandal for man, one giant leap for creative accounting.. Fact: Fun fact: The term 'creative accounting' is just a fancy way of saying, 'We really hope no one checks our math.'.
- Headline: Hard-Pressed Parents Fall Behind on Tuition. Impact: As parents fell behind on tuition, the concept of 'financial aid' took on a whole new meaning, transforming into the latest trend in family bonding—commiserating over student debt. Welcome to the new family therapy!. Fact: Did you know that if you add up all the unpaid tuition, you could probably fund a small country? Or at least one really luxurious college dorm!.
- Headline: His Mouth Runneth Over. Impact: Andy Behrman promoting his memoir might have inspired a generation of publicists to pen their tell-alls about the ever-dramatic lives of their clients. And thus, the 'I'm Famous Because I Knew Someone' genre was born.. Fact: Fun fact: Memoirs are the adult version of 'Show and Tell'—just with more crying and fewer finger paintings..
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)