On this day: October 3

Posted: 1:53 AM EDT Oct 03, 2012   Updated: 2:00 AM EDT Oct 03, 2015

Bobby Thomson hits the "shot heard 'round the world," Woody Guthrie passes away, Germany comes together, and O.J. Simpson is found not guilty, all on this day.

OTD October 3 - President Bush TARP
1 / 61
Brendan Smialowski/Getty Images

2008: President George W. Bush signs the Emergency Economic Stabilization Act of 2008 into law within hours of its congressional enactment. The law, enacted in response to the subprime mortgage crisis, created the $700 billion Troubled Asset Relief Program to purchase failing bank assets, especially mortgage-backed securities, and supply cash directly to banks.

Advertisement

Most Viewed on WFMZ.com

Advertisement
 

Slideshow Of The Day

On this Day

  • space shuttle Discovery 2005 launch

    NASA

    On this day: July 26

    The Inca civilization suffers a blow, the Postal Service, the FBI and the CIA are born, The Babe makes his last public appearance, and the space shuttle returns to space, all on this day.