Breakthroughs and everyday innovations from the year.
HEADLINES ON September 24, 2013
Full News Archive
- Headline: Madrid's Art and Corporate Collaboration. Impact: The collaboration between corporate and artistic worlds led to the rise of the 'artsy CEO' phenomenon. Now, every Fortune 500 company has a resident artist who hopelessly tries to interpret quarterly earnings through interpretive dance.. Fact: Did you know that Matadero translates to 'slaughterhouse' in Spanish? Ironically, that’s how many artistic dreams have died in corporate meetings..
- Headline: JPMorgan Settles SEC Allegations $920 Million. Impact: JPMorgan's shareholders have become the ultimate example of the phrase 'no good deed goes unpunished.' Their losses led to a whole new investment strategy: 'Invest in your own misery.'. Fact: Did you know that $920 million sounds like a lot until you realize it's just pocket change for a bank that loses that much in bad bets before breakfast?.
- Headline: JPMorgan’s Legal Hurdles Expected to Multiply. Impact: Every time JPMorgan resolves one legal issue, another one pops up like a game of Whac-A-Mole. Soon, they might consider hiring a historian to keep track of their past mistakes as a full-time job.. Fact: Did you know that $1 billion is just the tip of the iceberg? At this rate, JPMorgan will soon be paying reparations for every bad decision since the dawn of banking..
- Headline: In Fight for Legacy, Rodriguez Fields Costly Team of All-Stars. Impact: Rodriguez’s costly battle for legacy may inspire future athletes to invest in bigger teams of advisers, leading to a rise in sports agents who specialize in 'how to dodge consequences.'. Fact: Did you know that A-Rod’s suspension was so long, even his shadow had to take a sabbatical? Talk about a dramatic time-out!.