Today in History: 5th December

Today in History: 5th December

• Phi Beta Kappa: oldest collegiate honors society was founded as a secret club at the College of William and Mary (1776)
• Bermuda Triangle: US Navy squadron disappeared in the mysterious area, as did aircraft sent to search for it (1945)
• "irrational exuberance": former Federal Reserve Chairman Alan Greenspan warned that the market might be dangerously overvalued (1996)