Archive for the 'Fincncial' Category

NO MORE TWINKIES?

Twinkies-vintage

hostess-twinkies

The Wall Street Journal reported Tuesday that Hostess Brands, makers of Twinkies 
and other snack foods, is preparing to file for Chapter 11 bankruptcy protection this 
week and is talking permanent closure. Hostess, who also makes Wonder Bread, has declined further comment on the matter. The company is headquartered in Irving, TX.  

Twinkies were invented in Schiller Park, Illinois in 1930 by James Alexander Dewar, a 
baker for the Continental Baking Company.

james a dewar

James Dewar, inventor of Twinkies, the "Golden Sponge
Cake with Creamy Filling".

posted by Bob Karm in CURRENT EVENTS,DEBUT,Fincncial,FOOD,HISTORY,INVENTION,New release and have No Comments

ON THIS DAY, 83 YEARS AGO

black tuesday

great-depression-bank-failure

The Great Depression began with the crash of the Wall Street stock market
and had a severe worldwide economical effect in the decade preceding
World War ll. Unemployment in the U.S. rose to 25%, and in some countries
rose as high as 33%. The negative effect of the Great Depression lasted
until the end of the war.

U139066ACME

dad a job

posted by Bob Karm in ANNIVERSARY,Crisis,Fincncial,Government,HISTORY,NEWSPAPER,Stock market and have No Comments

ON THIS DAY IN THE PAST ~

ap teletype

concorde-landing

mike_bannister_concordepilot

Captain Mike Bannister, Chief Concorde Pilot for British Airways
Concorde fleet.

first landing ny ltr

posted by Bob Karm in AIRCRAFT,Fincncial,HISTORY,WAR and have No Comments

FIRST ATM IN THE UNITED STATES

 ATM

On this day in 1969, the first Automated Teller Machine (ATM),
called the Docuteller, was installed in a wall of the Chemical
Bank in Rockville Centre, New York. For the first time reusable,
magnetically coded cards were used to withdraw cash. Today
there are ATMs everywhere, including one at the McMurdo
research station on Antarctica.

posted by Bob Karm in ANNIVERSARY,DEBUT,Fincncial,HISTORY and have No Comments

TODAY IS NATIONAL DOLLAR DAY!

dollar-sign

39761205note_20011121_00563.jpg

dollar bills

Today, we celebrate National Dollar Day. It was 226 years ago today (1786)
that the Continental Congress established the monetary system.

posted by Bob Karm in ANNIVERSARY,Fincncial,Government,HISTORY,Money,Trivia and have No Comments