27th February

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1995 Barings Bank faces insolvency Barings Bank faces insolvency following spectacular losses made by one of its traders, Nick Leeson, in Singapore.
1986 Ferdinand Marcos flees the Philippines Ferdinand Marcos flees the Philippines and is succeded as president by Cori Aquino
1932 Elizabeth Taylor born English actress Elizabeth Taylor is born
1902 John Steinbeck born American author John Steinbeck is born in Salinas, California.
1900 Labour Party created 65 Trade Unions and 3 Socialist Societies resolve to create a distinct labour group in Parliament.
1807 Henry Longfellow born American poet Henry Longfellow is born in Portland, Maine
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On This Day - 27th February