JP Morgan bailed out banks in 1907 but…

JP Morgan bailed out banks in 1907 but a severe recession occured anyway. Nelson Aldrich, a powerful senator with close ties to Morgan, led a mission to Europe in 1908 to study the workings of the central banks in England, France and Germany. The Federal Reserve was created a short time later.

In 1905, American millionaire ….

In 1905, American millionaire George Kessler threw himself a birthday party at the Savoy Hotel in London that involved flooding the entire courtyard with four feet of water so his guests could dine in gondolas and a five foot birthday cake brought out to them on the back of a baby elephant.

The Spin Doctors’ song “Little Miss Can’t Be Wrong”….

The Spin Doctors’ song “Little Miss Can’t Be Wrong” was written by lead singer Chris Barron about his stepmother, whom he described as a ‘malignant narcissist’. He said “My stepmom told me I’d be a janitor… [so] I wrote a song about her. It’s been played on the radio three million times.”