Breakthroughs and everyday innovations from the year.
HEADLINES ON June 5, 2002
Full News Archive
- Headline: Footlights at Ravinia Festival 2023. Impact: The Ravinia Festival in Highland Park, Illinois, launched a musical butterfly effect, inspiring a generation of flutists to dream of grandeur while completely ignoring the fact that the best they could manage was a kazoo rendition of 'Twinkle Twinkle'. Who knew a single concert could lead to a kazoo revolution?. Fact: Did you know that the Chicago Symphony Orchestra once played a concert so good that people claimed they could hear it from space? Spoiler: they couldn't..
- Headline: Kozlowski Indicted for tax Evasion. Impact: The indictment of L. Dennis Kozlowski triggered a chain reaction in the corporate world, leading CEOs across the globe to suddenly become obsessed with tax codes—who knew they could be so riveting? This event ultimately led to the rise of tax loophole consultants, which is a profession that sounds way more exciting than it actually is.. Fact: Fun fact: Kozlowski's extravagant spending included a $6,000 shower curtain. Because nothing says 'I care about my taxes' like a luxurious bathroom accessory..
- Headline: Forrester Wins G.O.P. Senate Primary. Impact: Douglas R. Forrester's victory in the Republican Senate primary marked the beginning of a long-standing tradition of wealthy candidates using their own money to outspend their opponents. This eventually led to the phrase 'money can't buy you love' being updated to 'but it can buy you a Senate seat'.. Fact: Did you know that Forrester's campaign slogan was 'Because my wallet is bigger than yours'? Okay, maybe not, but it certainly should have been..
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)