On this day
Revisit the music, news, notable people, and historical moments connected to this date.
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Alex Berenson Market Place column says investors who sold stock after Federal Reserve lowered short-term interest rates to 5 percent are same investors who continued to bid up technology stocks in late 1999 and early 2000 even as Fed raised short-term rates six times; says they are ignoring one of stock market's oldest maxims: don't fight the Fed; graphs (M)
Call centers are booming business in India, where major western companies have set up supermarket-size phone banks to handle daily barrage of customer inquiries; center workers pose as Americans and speak idiomatically authentic English; centers are low end of much larger industry of Indian offices providing back-office support for foreign companies; map; photo (M)
New York Knickerbockers defeat Cleveland Cavaliers, 110-75; photo (M)
Americans are rushing to lock in lower rates on their mortgages, swap expensive credit card debt for cheaper home equity loans and take advantage of declining rates for auto loans and certain credit cards; average rate on 30-year home loan has fallen to 7.02 percent from 8.69 percent as recently as last May; graph (M)
Charlie Trotter, in last of eight articles, describes making brioche tarts with blue cheese, walnuts and quince; drawing; recipe (L)
Music on My Birthday
The Top 50 albums for the chart week of March 21, 2001, covering March 21, 2001.
Dave Matthews Band
Aerosmith
Shaggy
Eve
DJ Clue
2001Chung Ju-yung, South Korean businessman, founded Hyundai (born 1915)[†]
Chung Ju-yung or Jung Joo-young was a South Korean entrepreneur and the founder of Hyundai Group, one of the largest chaebols in South Korea. Raised as the eldest son of a poor Korean farmer, Chung was an integral part of the rapid development of Korea's economy, growing Hyundai Heavy Industries into the largest shipbuilder in the world, as well as increasing Hyundai Motor Group into the largest automobile manufacturer in Korea and the third largest in the world. Chung was also a vital contributor to the development of South Korea's infrastructure after the Korean War; with President Park Chung Hee, Chung constructed the Gyeongbu Expressway to connect Seoul to Busan in 1970.
2001Anthony Steel, English actor and singer (born 1920)[†]
Anthony Maitland Steel was an English actor and singer who appeared in British war films of the 1950s such as The Wooden Horse (1950) and Where No Vultures Fly (1951). He was also known for his tumultuous marriage to Anita Ekberg.
In 2001, the world population was approximately 6,254,936,459 people[†]