Citigroup, Bank of America Announce ATM Instant Equity Exchange Program
New York, April 6, 2009 -- Citigroup (NYSE: C) and Bank of America (NYSE: BAC) today jointly announced the launch of an innovative program, dubbed ATM Instant Equity Exchange, under which the two banks will commence dispensing stock vouchers rather than cash from ATMs under their control. Wells Fargo (NYSE: WFC) is expected to sign on to the program later in the week.
Citibank, co-founder of the AIEE! program: Photo (CC) Ed Yourdon.
Rogue Societe Generale Trader "Just Got His Millions and Billions Mixed Up"
Paris, February 11, 2008 -- Jerome Kerviel, the so-called "rogue trader" whose actions resulted in a staggering $7.2 billion loss last month for French bank Societe Generale, simply got his millions and his billions confused, according to a French police officer who asked not to be identified.
Bush Announces Immediate Withdrawal of U.S. Troops From Iraq
Washington, D.C., November 29, 2023 -- President Jeb Bush today announced plans to immediately withdraw all U.S. troops from Iraq. The announcement will affect all 465,000 troops currently stationed throughout Iraqi territory, as well as the 194,800 troops fighting in the joint Iran-Iraq controlled friendship zone along the eastern Iraqi border and 86,000 in semi-autonomous Kurdistan. White House Press Secretary Jenna Bush said the troop withdrawal should be complete within five to seven weeks, "give or take a few years".
World's Oldest Person Not Yet Dead
Barkhaven, Missouri, November 7, 2018 -- The world's oldest person, Eleanor Micklebuckle, 129, of Elkhart, Illinois, confirmed that she was "not yet dead" when reached at her home today via telegram.
Ms. Micklebuckle, a retired plutonium finisher who credits "rubdowns, barley and electricity" for her exceptional longevity, said, "I still have a lot of appreciation for the many good things in life, even though I can't hear, see or smell them too good anymore. Thanks for checking in."
39 New Giant Hamster Flu Deaths Reported in Midwest
Sioux City, Iowa, October 12, 2030 -- The recently-formed Midwest Commission on Giant Hamster Flu (MCGHF) reported yesterday that an additional 39 men and women have succumbed in the past month to the latest outbreak of Giant Hamster Flu, or GHF. This brings the total GHF-linked death toll to over 400 for the first three quarters of the year, a 49 percent increase over 2029.
Officials of the MCGHF are now characterizing the outbreak as a serious pandemic with the potential for widespread contagion, although no cases of GHF spreading from human to human have yet been reported.
Ford Motor Company Preemptively Recalls 6.1 Million 2011 Models
Dearborn, Michigan, August 29, 2009 -- A spokesman for Ford Motor Company announced today the preemptive recall of all 6.1 million model year 2011 cars expected to be produced under the company's flagship Ford brand next year.
The recall, which will affect all new Ford automobiles immediately upon leaving the assembly line, is intended to address "serious production, concept, engineering and safety flaws that we expect to come to light in the recent future", according to the spokesman.
Study: American Celebrities Now Outnumber Fans
Los Angeles, March 19, 2010 -- Andy Warhol's famous phrase, “In the future, everyone will be fat and slightly stupid,” correctly prognosticated two alarming social trends that have led to a sharp rise in the incidences of heart disease, diabetes, right-wing talk radio and other obesity-related maladies among the ever-larger American populace.
What the eccentric 1960s pop artist failed to predict, however, is another trend that now has sociological statisticians scratching their unkempt scalps: the remarkable rise in short-term celebrity status among citizens from all walks of life.
Miss Universe 2007 Pageant Won By Iittikkupt Wrttkkyl of 55 Cancri System
Bangkok, Thailand, July 9, 2007 -- For the first time since the inauguration of the Miss Universe Beauty Pageant in 1952, the coveted Miss Universe crown will be proudly borne by a being from beyond the Earth's immediate solar system. Dark horse entry Iittikkupt Wrttkkyl of the planet Oog in the 55 Cancri System upset favorites Candee Pakige of California, Sindee del Pinar of Rio de Janeiro and Casynella Ollivierre of St.
Fed Chief Bernanke Ups Interest Rates 1.25% "Just To Mess With People's Heads"
New York, January 30, 2008 -- In a surprise move that has left market analysts worldwide scratching their heads, Federal Reserve Chairman Ben Bernanke raised, rather than lowered, the discount and fed funds rates by an unprecedented 1.25% this afternoon.
Fed Chief Ben Bernanke
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