The Polaroid Land Camera first went on sale, at a Boston department store. The 40 series, model 95 roll film camera went on sale for $89.75. This first model was sold through 1953, and was the first commercially successful self-deleveloping camera system. A sepia-coloured photograph took about one minute to produce. Edwin H. Land had previously demonstrated his invention of instant photography at a meeting of the Optical Society of America on 2 Feb 1947. His first commercial success came in 1939 with his invention of Polaroid filters for lenses in products such as ski goggles, sunglasses and slip-on sunglasses for optical glasses.

Enron Corp., once the world's largest energy trader employing over 20,000 employees share price has now dropped below one dollar from a high of $90.00 per share following would-be rescuer Dynegy Inc. backing out of an $8.4 billion deal to take Enron over. Speculation is now on when not if Enron will file bankruptcy. On 2nd December Enron did file bankruptcy and later as details became available it was shown that a number of top executive knew of the imminent collapse and dumped their shares at high prices while still telling investors to buy the shares as a great investment, consequently a number of those former executives were indicted on securities fraud and related charges.