Event:
Pope Francis calls for worldwide 'financial reform along ethical lines' which would curb the 'tyranny' of 'markets and financial speculation'
More Notable Events on May 16:
1992 Polls show Perot, Bush and Clinton could be in a deadlock
1988 Surgeon General C. Everett Koop reports nicotine as addictive as heroin
1985 Michael Jordan named NBA Rookie of Year
1965 Spaghetti-O's 1st sold
1948 Chaim Weizmann elected 1st president of Israel
