1986 - Ivan Boesky, reputed to be the highest-paid person on Wall Street, faced penalties of $100 million for insider stock trading. It was the highest penalty ever imposed by the SEC.
Fact of the Day
For 2,000 years, most Koreans wore only white clothing, as it symbolized purity and cleanliness. It was only in the 1950s that they began to wear colors.
Nature Oddities
The average flying speed of a carrier pigeon is 60mph, though they have been known to fly up to 100mph for short distances.
Food and Drink
In the weeks following the release of New Coke in 1985, the soda’s tip line, 1-800-GET-COKE, saw a 400% increase in complaints.