Gadgets, lab surprises, odd bets, and future-shocks from this slice of the calendar.
The Sounds of
Popular recordings and roots/country selections associated with the year
HEADLINES ON December 27, 2002
Full News Archive
- Headline: Merging Probation and Corrections in NYC. Impact: When the Commissioner of Probation took the reins of the jails, it set off a chain reaction that led to an unexpected rise in the popularity of prison-themed reality shows. Who knew America's obsession with rehabilitation would turn into a ratings bonanza?. Fact: Fun fact: Merging departments is like putting a cat and a dog in the same room and hoping for harmony. Spoiler alert: it rarely works out..
- Headline: Will Auditing Reform Survive the Challenges?. Impact: The fate of auditing reform hung in the balance, and when it ultimately 'died before it began,' it inadvertently led to an entire generation of accountants developing a sense of humor—because if you can't laugh at your own incompetence, what can you do?. Fact: In 2002, the only thing more certain than death and taxes was the imminent doom of the accounting industry. Might as well have had a funeral for it..
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)