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 25, 2003
Full News Archive
- Headline: Takefuji Loan Company Faces Downgrade. Impact: The downgrade of Takefuji was the beginning of the end for shady corporate practices in Japan. Fast forward a few years and now everyone’s obsessively checking credit ratings like they’re stock prices. Thanks, Takei!. Fact: Did you know that after this incident, every time someone mentions 'loan' in Japan, people start sweating and looking for a nearby exit?.
- Headline: Behind Smooth Footwork, Some Abrasive Gossip. Impact: Robert Altman's film could have sparked a movement of 'gossip cinema', leading to a surge in behind-the-scenes documentaries. Who knew the world needed more awkward moments with famous people?. Fact: Did you know that eavesdropping is actually considered a legitimate art form in Hollywood? Just ask any tabloid writer!.
- Headline: Parmalat Scandal Shocks European Markets. Impact: The Parmalat scandal sent shockwaves through Europe, prompting a flurry of new regulations. It's like a corporate version of 'if you can’t beat them, make a law against them.'. Fact: Did you know that after the Parmalat scandal, accountants were required to take a 'How to Spot Fraud' crash course? You’d think this was common sense, right?.
- Headline: They'll Stick With Film, Thank You. Impact: The resistance to digital cameras paved the way for hipster film revival. Fast forward a decade and now a $10 roll of film is an artisanal experience, complete with organic processing!. Fact: Did you know that the last person to develop film in a darkroom was probably just avoiding a conversation about how much they hate smartphones?.
Wall Street Time Machine
AAPL
Apple
Apple - If you invested $1,000 in 2003, it would be worth $1,226,446 today (1226.4x return)