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 April 11, 2005
Full News Archive
- Headline: Verizon's Stake in MCI Sparks Shareholder Anger. Impact: This battle for MCI shares sparked a financial feud that led to a butterfly flapping its wings, causing Verizon to eventually become a telecommunications giant. Meanwhile, Qwest was left to ponder its life choices while shareholders began a secret society dedicated to buying the perfect tech stocks.. Fact: Fun fact: Carlos Slim Helu once had more money than the GDP of some small countries. Guess his stake in MCI was just pocket change!.
- Headline: Tiger Woods Triumphs at the Masters. Impact: Tiger Woods’ victory at the Masters not only solidified his status as a golf deity but also inspired a wave of golf enthusiasts to take up the sport, leading to an influx of terrible golf puns and questionable fashion choices on the greens for decades to come.. Fact: Did you know that Tiger Woods has more major championships than most people have socks? At least, that’s what he tells his laundry service..
- Headline: Touring an America Tocqueville Could Fathom. Impact: Rothstein's essay led to a resurgence in Tocqueville's popularity, and suddenly everyone in coffee shops across America was quoting him while sipping overpriced lattes, thus giving birth to a new generation of pretentious know-it-alls.. Fact: Alexis de Tocqueville didn’t foresee that his observations about democracy would inspire countless social media debates—because he didn’t have to deal with trolls and hashtags..
- Headline: Lawyers Said to Want Limits in Questioning of Greenberg. Impact: Greenberg's legal woes not only entertained Wall Street but also set a precedent for future executives to hire lawyers who specialize in limiting embarrassing deposition questions, thus creating an entire sub-industry of legal finesse.. Fact: Eliot Spitzer’s office was basically the original reality show for corporate scandals before it was cool—complete with drama, plot twists, and a shocking season finale no one saw coming!.
Wall Street Time Machine
AMZN
Amazon
Amazon - If you invested $1,000 in 2005, it would be worth $101,869 today (101.9x return)