NOVEMBER 19, 2014

Full News Archive

• Headline: ECB's Controversial Move in Cyprus Bailout. Impact: This bailout set a precedent that encouraged other banks to ignore their own rules too. Fast forward a few years, and every bank is like that one kid in class who copies homework but still manages to get a passing grade. Thanks, Cyprus!. Fact: The ECB's decision led to the phrase 'creative accounting' being redefined as 'just winging it.'.
• Headline: Takata Airbag Global Safety Crisis. Impact: The Takata airbag fiasco sparked a global vigilance that led to the invention of the 'lightly used car' category. Who knew a safety feature could cause so much panic? Talk about a real ride-or-die situation!. Fact: The airbag defect turned into one of the largest recalls in auto history, proving that safety really is a booming business... for lawyers..
• Headline: Uber's Cultural Crisis: The Turnpoint Moment. Impact: Uber's chaotic growth prompted regulators to realize that maybe, just maybe, unregulated startups could be a tad dangerous. This realization led to the birth of countless new regulations, because who doesn't love a good bureaucratic nightmare?. Fact: At this point, if Uber were a person, they'd be that overly ambitious friend who keeps getting kicked out of parties for being 'too much.'.
• Headline: Comeback by Bill Cosby Unravels as Rape Claims Re-emerge. Impact: Cosby's downfall not only ended his comeback but also ignited a nationwide conversation about accountability and consent—who knew that a few brave voices could shake an entire entertainment empire to its core?. Fact: Cosby's collapse was so swift that it became a case study in how not to handle a public relations crisis. Maybe he should've taken a page from the 'admit nothing, deny everything' handbook..