What Happened on October 24, 2008

Day of the Week: Friday

Historical Events

  • "Bloody Friday" saw many of the world's stock exchanges experienced the worst declines in their history, with drops of around 10% in most indices.
  • Iceland receives a £1.3 billion bailout package from the International Monetary Fund (IMF) as the first European country to require an emergency loan with the aim of stabilising the collapsed currency and strengthening the tax system as well as the nationalised banks

Famous Deaths

  • Moshe Cotel, American composer and pianist (b. 1943)