November 01, 2007

Thursday Trivia

South African Airlines is the first non-Saudi airline to fly a direct Hadj service to Medina in Saudi Arabia.

Maharaja of Patiala, Bhupinder Singh, is the first Indian, or maybe even Asian, to have an airplane

Pit trading traces its roots to 1848, when the Chicago Board of Trade was founded to protect farmers by creating a marketplace to hedge against extreme price swings brought about by droughts and bumper crops. The concept evolved into today’s futures and options trading

At his death in 1937, Rockefeller was worth $20.3 billion, representing one fifty-second of 1937 U.S. GDP

Stock exchanges originally came about from trading in agricultural and other commodities during the Middle Ages at what were called Euro-Fairs

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