October 2008 in History

Events in History

Event of interestEvent of Interest

Oct 3 The $700 billion bailout bill for the US financial system is signed by President George W. Bush

43rd US President George W. Bush
43rd US President
George W. Bush
  • Oct 10 Singapore becomes the first Asian country to slip into a recession since the credit crisis began: growth has faltered as a result of less demand for exports, a reduction in tourism, and the end of the real-estate boom
  • Oct 13 HM Treasury infused £37 billion ($64 billion, 47 billion euros) of new capital-bailout into Royal Bank of Scotland Group Plc, Lloyds TSB and HBOS Plc, to avert a financial sector collapse.
  • Oct 22 India launches its first unmanned lunar mission Chandrayaan-1.
  • Oct 24 "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.
  • Oct 24 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
  • Oct 27 The banking group BNP Paribas states that Australia is in a risky position with regards to the global financial crisis as foreign liabilities accounted for 60% of the nation's GDP
  • Oct 28 In the UK, 500,000 mortgage holders are left in negative equity after house prices drop 15% since the previous summer
  • Oct 29 Delta Air Lines merges with Northwest Airlines, creating the world's largest airline and reducing the number of US legacy carriers to 5.

Weddings in History

  • Oct 6 Steven Curtis Chapman's oldest daughter Emily Chapman (45) weds longtime boyfriend Tanner Richards
  • Oct 26 World's fattest man Manuel Uribe (43) weds Claudia Solis (38) in Monterrey, Mexico

Deaths in History

  • Oct 2 Rob Guest, New Zealand entertainer (b. 1950)
  • Oct 3 Karam ud Din, Pakistani Navy officer (b. 1941)
  • Oct 7 Leslie Hardman, Jewish Orthodox rabbi (b. 1913)
  • Oct 8 George Emil Palade, Romanian cell biologist (b. 1912)
  • Oct 10 Kazuyoshi Miura, Japanese businessman (b. 1947)
  • Oct 11 Jörg Haider, Austrian far-right politician (b. 1950)
  • Oct 12 Karl Chircop, Maltese politician (b. 1965)
  • Oct 14 Richard Cooey, American murderer and rapist (executed) (b. 1967)
  • Oct 14 Martin Peake, 2nd Viscount Ingleby, British peer and business man, dies at 82
  • Oct 15 Fazıl Hüsnü Dağlarca, Turkish poet (b. 1914)
  • Oct 15 Jack Narz, American game show host (b. 1922)
  • Oct 19 Mr. Blackwell, American fashion critic (b. 1922)
  • Oct 25 Anne Pressly, American news anchor (b. 1982)
  • Oct 26 Tony Hillerman, American writer (b. 1925)
  • Oct 30 Pedro Pompilio Argentinian businessman (b. 1950)