Breakthroughs and everyday innovations from the year.
HEADLINES ON December 1, 2007
Full News Archive
- Headline: Short Seller Targets MBIA Inc. Insurer. Impact: This short seller's relentless pursuit of MBIA Inc. might have led to a future where hedge fund managers develop a taste for blood, turning Wall Street into a bizarre gladiatorial arena. Who knew finance could be so... primal?. Fact: Short selling: the only legal form of betting against your friends' success while pretending to be the hero of the story..
- Headline: Excitement on the Set of 'Gossip Girl'. Impact: The frenzy around 'Gossip Girl' made reality TV feel like Shakespearean drama. Fast forward, and we now have influencers who believe their every move deserves a plot twist worthy of a season finale.. Fact: ‘Gossip Girl’ was so influential that it spawned a generation who thinks that wearing designer clothes is a substitute for a personality..
- Headline: Traveling With Troopers Has a Price in Privacy Lost. Impact: The executive branch's control over cars and helicopters created a future where privacy became as outdated as flip phones. One can only imagine the conspiracy theories that sprung from this—are they tracking our pizza orders too?. Fact: Traveling with troopers is the adult version of having a babysitter, except now they’re watching your every move—how fun!.
- Headline: Putin’s Last Realm to Conquer: Russian Culture. Impact: Putin's quest for control over Russian culture might have inspired future leaders to realize that suppressing art is an excellent way to ensure your legacy is remembered... as a totalitarian regime, rather than a cultural beacon.. Fact: When a leader starts to target artistic freedom, you know they’re running out of actual problems to solve. It’s like picking fights with shadows..
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)