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2008 was a leap year starting on Tuesday of the Gregorian calendar, the 2008th year of the Common Era (CE) and Anno Domini (AD) designations, the 8th year of the 3rd millennium and the 21st century, and the 9th year of the 2000s decade.
July 10 – The 2008 Major League Baseball All-Star Game takes place at Yankee Stadium. [33] The home American League wins 4–3 in 15 innings, giving home field advantage in the 2008 World Series to the AL champion, which eventually came to be the Tampa Bay Rays. July 18 – The Dark Knight, directed by Christopher Nolan, is released. It was ...
October 2, 2008: Stock market indices fell 4% as investors were nervous ahead of a vote in the U.S. House of Representatives on the Emergency Economic Stabilization Act of 2008. [147] October 3, 2008: The House of Representatives passed the Emergency Economic Stabilization Act of 2008 and the $700 billion Troubled Asset Relief Program. [148]
The bankruptcy of Lehman Brothers, also known as the Crash of '08 and the Lehman Shock on September 15, 2008, was the climax of the subprime mortgage crisis. After the financial services firm was notified of a pending credit downgrade due to its heavy position in subprime mortgages, the Federal Reserve summoned several banks to negotiate ...
In mid-March 2008, Bear Stearns was bailed out by a gift of $29 billion non-recourse treasury bill debt assets. [56] In early July 2008, depositors at the Los Angeles offices of IndyMac Bank frantically lined up in the street to withdraw their money. On July 11, IndyMac, a spinoff of Countrywide, was seized by federal regulators—and called ...
January 3 - The first caucuses in the 2008 U.S. presidential primary season for both Democrats and Republicans were held in Iowa.Then-U.S. Senator Barack Obama of Illinois won the Democrat contest, whilst former Arkansas Governor Mike Huckabee won the Republican race.
The law has three major divisions, Division A: the Emergency Economic Stabilization Act of 2008; Division B: Energy Improvement and Extension Act of 2008, and Division C: the Tax Extenders and Alternative Minimum Tax Relief Act of 2008. [11] The tax part of the law has provisions that will have a net expenditure of $100 billion over 10 years.
The following is a timeline of major events leading up to and immediately following the United States presidential election of 2008. The election was the 56th quadrennial United States presidential election. It was held on November 4, 2008, but its significant events and background date back to about 2002.