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Flashback calendar

French bank Société Générale announces $7.14bn fraud

Société Générale lost more than $7 billion closing out positions over three days of trading. The bank states these positions were fraudulent transactions created by Jérôme Kerviel, a trader with the company. Kerviel says that the losses were caused by panic selling by the bank.

Disney announces plans to buy Pixar

Disney purchased Pixar at a valuation of $7.4 billion by converting each share of Pixar stock to 2.3 shares of Disney stock, a transaction that resulted in Jobs becoming Disney's largest single shareholder at the time. Pixar is best known for CGI-animated feature films created with RenderMan, Pixar's own implementation of the industry-standard RenderMan image-rendering application programming interface.

Japanese soldier Shoichi Yokoi is discovered on Guam

Shoichi Yokoi was a Japanese sergeant in the Imperial Japanese Army during the Second World War. He was among the last three Japanese holdouts to be found after the end of hostilities in 1945, discovered almost 28 years after US forces had regained control of the island in 1944. He knew about the end of the war, but he feared coming out of hiding.

Winston Churchill dies

Sir Winston Leonard Spencer-Churchill was a British politician and statesman who served as the Prime Minister of the United Kingdom from 1940 to 1945 and from 1951 to 1955. As Prime Minister, Churchill led Britain to victory over Nazi Germany during World War II.

First canned beer goes on sale

The 1st brewery to commercially can beer was the small brewery at Felinfoel in the UK. The early cans did not have a pull tab, instead, they had a crown cork. All modern UK canned beer is descended from these early cans, which helped change the drinking and beer-buying habits of the British public.

Hawaii's monarchy ends as Queen Liliuokalani is forced to abdicate

On January 24, 1895, queen of Hawaii kingdom Liliʻuokalani was forced to sign a five-page declaration as "Liliuokalani Dominis", in which she formally abdicated the throne in return for the release of her jailed supporters. In 1993, the US Congress passed a joint Apology Resolution regarding the overthrow. It was signed by President Bill Clinton.

Bucharest is proclaimed the capital of Romania

In 1862, after Wallachia and Moldavia were united to form the Principality of Romania, Bucharest became the new nation's capital city and is now the center of Romanian media, culture, and art. In the period between the two World Wars, the city's elegant architecture and the sophistication of its elite earned Bucharest the nickname of "Little Paris".

California Gold Rush begins

The California Gold Rush began when gold was found by James W. Marshall at Sutter's Mill in Coloma, California. The news of gold brought approximately 300,000 people to California from the rest of the United States and abroad. The sudden influx of gold into the money supply reinvigorated the American economy.

Anniversaries of the (in)famous