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), 1st European country to require an emergency loan as a result of the financial crisis
  • 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)