Breakthroughs and everyday innovations from the year.
HEADLINES ON June 15, 2007
Full News Archive
- Headline: Tax Changes Impact Public Equity Firms. Impact: In an alternate timeline, this bill sparked a mass exodus of financial moguls to a mysterious island where they practiced tax evasion yoga and only invested in artisanal avocado toast. Who knew taxes could lead to a culinary revolution?. Fact: Did you know that public equity firms could actually survive a tax increase? Shocking, I know. It’s almost like they have billions to spare..
- Headline: The Sounds of Law Enforcement in NYC. Impact: This inspired a global movement where cities began choosing sirens based on musical genres. Imagine a city where every emergency sounded like a jazz solo. It's a miracle more people didn't just dance their way to safety.. Fact: Fun fact: Sirens were once thought to attract sailors with their enchanting music. Now, they just attract complaints from neighbors..
- Headline: International Accounting Standards and U.S. Rules. Impact: This rule led to a world where accountants became the new diplomats, negotiating peace treaties over balance sheets. Finally, someone found a way to make accounting sexy—too bad it was in a parallel universe.. Fact: Did you know that accountants have been known to cause more confusion than clarity? It’s true; they’re like the wizards of the finance world, but with fewer capes..
Wall Street Time Machine
AMZN
Amazon
Amazon - If you invested $1,000 in 2007, it would be worth $117,189 today (117.2x return)
NFLX
Netflix
Netflix - If you invested $1,000 in 2007, it would be worth $247,275 today (247.3x return)