Breakthroughs and everyday innovations from the year.
HEADLINES ON November 17, 2002
Full News Archive
- Headline: Chekhov's Influence on Glowacki's Work. Impact: If Janusz Glowacki hadn't drawn inspiration from Chekhov's work, we might never have had that awkward moment at dinner parties when people pretend to have read both plays just to sound cultured. Who knew literary inspiration could lead to social pretentiousness?. Fact: Did you know that Chekhov's original title was 'Three Sisters and a Brother Who Just Couldn't Get It Together'? Just kidding, but wouldn’t that have made for a more relatable family dynamic?.
- Headline: Iraq's Defiance Against International Pressure. Impact: Iraq's long history of defiance led to a series of events that would make for a great plot twist in a geopolitical soap opera—tune in next week for 'As the World Turns: Middle East Edition', where everyone’s a little too dramatic.. Fact: Did you know that the UN has more resolutions than a New Year's gym? If only they could enforce them as easily as people enforce their 'get fit' plans!.
- Headline: J.P. Morgan's Debt Dilemma Explained. Impact: J.P. Morgan's financial woes led to a ripple of distrust that shaped the future of banking—who knew that one bank's bad loan could lead to a global financial crisis? Thanks, Enron, for being the gift that keeps on giving.. Fact: Did you know that J.P. Morgan once famously said, 'I can finance anything!' They must have been talking about their ability to finance their own downfall..
- Headline: Shot in the Arm for Tort Overhaul. Impact: The Republican triumph in this tort overhaul saga foreshadowed a wave of legal reforms that would leave lawyers scrambling to find new ways to make money—thank goodness for personal injury lawsuits!. Fact: Did you know that tort reform is often discussed in hushed tones, like a secret society? 'We don't talk about torts, we just live them!'.
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)