In 1492: The leader of the last Arab stronghold in Spain surrendered to Spanish forces loyal to King Ferdinand II and Queen Isabella I.
In 1788: Georgia became the fourth state to ratify the U.S. Constitution.
In 1900: Secretary of State John Hay announced the Open Door Policy in China.
In 1935: Bruno Hauptmann went on trial on charges of kidnapping and murdering the infant son of Charles and Anne Lindbergh. (Found guilty, Hauptmann was executed.)
In 1942: The Philippines capital of Manila was captured by Japan during World War II.
In 1960: Sen. John F. Kennedy of Massachusetts announced his candidacy for the Democratic presidential nomination.
In 1974: President Nixon signed legislation requiring states to limit highway speeds to 55 mph (However, federal speed limits were abolished in 1995).
sponsored Jargon is confusing, by definition. And the financial world has its own set of cryptic words.