Date in year · 2008 · The 2000s
On October 3, 2008, the Emergency Economic Stabilization Act of 2008 for the U.S. financial system is signed by President George W. Bush. The year's #1 song was "Low" by Flo Rida featuring T-Pain. Hyein, Rio Ngumoha, Hudson Meek would arrive in the same year.
Events
1
Births
0
Deaths
0
Year
2008
2000s
Featured · October 3, 2008
The Emergency Economic Stabilization Act of 2008, also known as the "bank bailout of 2008" or the "Wall Street bailout", was a United States federal law enacted during the Great Recession, which created federal programs to "bail out" failing financial institutions and banks. The bill was proposed by Treasury Secretary Henry Paulson, passed by the 110th United States Congress, and was signed into law by President George W. Bush.
Around 2008
2008 (MMVIII) 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.
What happened
US law creating the Troubled Asset Relief Program (TARP)
The Emergency Economic Stabilization Act of 2008, also known as the "bank bailout of 2008" or the "Wall Street bailout", was a United States federal law enacted during the Great Recession, which created federal programs to "bail out" failing financial institutions and banks. The bill was proposed by Treasury Secretary Henry Paulson, passed by the 110th United States Congress, and was signed into law by President George W. Bush.
Elsewhere that year
The class of 2008
Step through
Keep going