Date in year · 1998 · The 1990s

November 9, 1998

On November 9, 1998, a U.S. federal judge, in the largest civil settlement in American history, orders 37 U.S. brokerage houses to pay US$1.03 billion to cheated NASDAQ investors to compensate for price fixing. The year's #1 song was "Too Close" by Next. King Combs, Mitchell Robinson, Sexyy Red would arrive in the same year.

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Year

1998

1990s

Around 1998

The year in brief

1998 (MCMXCVIII) was a common year starting on Thursday of the Gregorian calendar, the 1998th year of the Common Era (CE) and Anno Domini (AD) designations, the 998th year of the 2nd millennium, the 98th year of the 20th century, and the 9th year of the 1990s decade.

Read the full year of 1998 →

What happened

On November 9, 1998

  1. 1998 A U.S. federal judge, in the largest civil settlement in American history, orders 37 U.S. brokerage houses to pay US$1.03 billion to cheated NASDAQ investors to compensate for price fixing.

    American stock exchange

    Nasdaq Stock Market is an American stock exchange. It is the second-largest stock exchange by market capitalization and the first fully electronic stock market. Based in Manhattan, New York City, the exchange is among the most active stock trading venues by volume in the United States.

  2. 1998 Capital punishment in the United Kingdom, already abolished for murder, is completely abolished for all remaining capital offences.

    History of the death penalty in the UK

    Capital punishment in the United Kingdom predates the formation of the UK, having been used in Britain and Ireland from ancient times until the second half of the 20th century. The last executions in the United Kingdom were by hanging, and took place in 1964; capital punishment for murder was suspended in 1965 and finally abolished in 1969. Although unused, the death penalty remained a legally defined punishment for certain offences such as treason until it was completely abolished in 1998; the last person to be executed for treason was William Joyce, in 1946.

Elsewhere that year

Other moments from 1998

The class of 1998

Others born in 1998

King Combs 1998– American rapper
Mitchell Robinson 1998– American basketball player
Sexyy Red 1998– American rapper
Anna Odine Strøm 1998– Norwegian ski jumper and two-time Olympic champion
Suppapong Udomkaewkanjana (Saint) 1998– Thai actor and singer
Jarrett Allen 1998– American basketball player

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