Breakthroughs and everyday innovations from the year.
HEADLINES ON September 21, 2007
Full News Archive
- Headline: Hsu's Admission of Fraud Shocks Fundraising World. Impact: Norman Hsu's confession set off a chain reaction that inspired future generations of fundraisers to get creative with their 'creative accounting' practices. Eventually, this led to the establishment of a new reality show: 'Fundraising or Felony?'. Fact: Did you know that Hsu's downfall was so dramatic that it almost inspired a Broadway musical? Spoiler alert: it was a flop..
- Headline: Inflation in Drug Costs Slows Significantly. Impact: The slowdown in drug cost inflation led to a massive increase in people Googling 'how to fake a prescription' in the years to come. Who knew cheaper drugs would inspire more creativity in the black market?. Fact: Fun fact: The last time drug costs slowed this much, people actually started referring to pharmacies as 'the new Taco Bell' for their fast service and cheap thrills..
- Headline: Landis Stripped of 2006 Tour Title. Impact: Landis's positive doping test didn't just cost him a title; it sparked a worldwide investigation into the ethics of sport, leading to the rise of a new generation of athletes who were just really, really good at playing the system.. Fact: Did you know that after Landis's ban, he briefly considered a career in professional whistling? He was 'banned' from that too..
- Headline: Illegal Immigrants Chase False Hope to Canada. Impact: The quest for asylum turned into a long-running sitcom called 'Chasing Canada' where illegal immigrants hilariously misunderstand Canadian customs. Spoiler: they always bring maple syrup.. Fact: Did you know that Canadians actually started putting up 'Welcome' signs just to confuse more immigrants? It’s like a polite version of 'keep out'..
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)