Breakthroughs and everyday innovations from the year.
HEADLINES ON March 18, 2002
Full News Archive
- Headline: Bloomberg's School Control Compromise Explained. Impact: If only Bloomberg had nailed that compromise, perhaps New York's school system would have been a utopia of learning instead of a battleground for bureaucratic wars. Who knows, maybe we'd have flying classrooms by now.. Fact: Compromise: the magical word that somehow both parties can agree to disagree about. It's like the adult version of 'let's just be friends'..
- Headline: Butler's Thrilling NCAA Tournament Victory. Impact: Butler's victory was a turning point for underdogs everywhere. Little did they know that this win would inspire countless movies about basketball and plucky heroes overcoming the odds, leading to a generation of sports clichés.. Fact: Connecticut University? More like 'Connecti-couldn't' if they lost! But hey, at least they made it to the second round, right?.
- Headline: Andersen's Lessons from Salomon Scandal. Impact: The fallout from Andersen’s scandal sent ripples through corporate governance, leading to the creation of Sarbanes-Oxley. Thanks, Enron! You really showed everyone how not to run a company—and how to shred documents like a ninja.. Fact: Fun fact: Document shredding is not considered an Olympic sport. But if it were, Andersen would have won gold for sure!.
- Headline: List of Donors May Be Issue For McCall. Impact: McCall's donor list served as a prime example of how connections can make or break a campaign. This event likely led to a series of 'who you know' memes and a few very awkward dinner parties.. Fact: Donors and politicians: the perfect match made in heaven—if heaven were a backroom filled with cash and questionable ethics..
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)