CORPORATION FILES FOR BANKRUPTCY

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On December 2, 2001, the Enron Corporation filed for Chapter
11 bankruptcy protection in a
New York court, sparking one of
the largest corporate scandals in U.S. history.

An energy-trading company based in Houston, Texas, Enron
was formed in 1985 as the merger of two gas companies,
Houston Natural Gas and Internorth. Under chairman and
CEO Kenneth Lay, Enron rose as high as number seven on
Fortune magazine’s list of the top 500 U.S. companies.

In 2000, the company employed 21,000 people and posted
revenue of $111 billion. Over the next year, however, Enron’s
stock price began a dramatic slide, dropping from $90.75 in
August 2000 to $0.26 by closing on November 30, 2001.

Enron’s collapse had cost investors billions of dollars, wiped
out some 5,600 jobs and liquidated almost $2.1 billion in
pension plans.

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Kenneth Lee Lay (April 15, 1942 – July 5, 2006)

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WATCH A PRODUCTION OF ‘BARNER MILLER’

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SHE’S THE WORLD’S OLDEST LIVING FELINE

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(Fox News) – A nearly 27-year-old cat from England has been
named the world’s
oldest living cat
by Guinness World Records

.

Flossie, the record-breaking feline, received verification from
the world record reference guide, on Nov. 10, according to a
press release. 

Guinness World Records says Flossie was born on Dec. 29, 1995,
and she received her verification at the "nyan-tastic age of 26
years 316 days."

The world record guide claims Flossie’s age is "equivalent" to
about "120 human years."

Owner Vicki Green stated,“I knew from the start that Flossie was
a special cat, but I didn’t imagine I’d share my home with a world
record holder.”

        

        
       

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The British brown and black cat received official recognition from Guinness World Records on Thursday.

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AN HISTORIC ACT OF CIVIL DISOBEDIENCE

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In Montgomery,
Alabama on December 1, 1955, Rosa Parks was
jailed for refusing to give up her seat on a public bus to a white
man, a violation of the city’s racial segregation laws.

The successful Montgomery Bus Boycott, organized by a young
Baptist minister named
Martin Luther King, Jr., followed Park’s
historic act.  

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The Rosa Parks bus at the Henry Ford Museum in Dearborn, Michigan.

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Rosa Louise McCauley Parks
(February 4, 1913 – October 24, 2005)

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ULTIMATE STONES ALBUM TO BE RELEASED

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NEW YORK (AP) — The Rolling Stones plan to release what
they’re calling their "ultimate live greatest hits album," with
appearances by
Lady Gaga, Bruce Springsteen, Gary Clark Jr.
and The Black Keys, early next year.

"GRRR Live!" contains songs recorded live on Dec. 15, 2012,
at Newark, New Jersey’s
Prudential Center. That night saw
guest appearances by The Black Keys ("Who Do You Love?"),
Clark and John Mayer ("Going Down"), Lady Gaga ("Gimme
Shelter"), Mick Taylor ("Midnight Rambler") and hometown
hero
Bruce Springsteen ("Tumbling Dice").

Shown on pay-per-view in 2012, the concert has not otherwise
been available to fans until now.

It also features some of the band’s greatest hits, including "It’s
Only Rock ‘n’ Roll (But I Like It)," "Honky Tonk Women," "Start
Me Up," "Sympathy For the Devil" and "(I Can’t Get No)
Satisfaction."

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posted by Bob Karm in Album Released,CURRENT EVENTS,HISTORY,MUSIC and have No Comments