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
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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.

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Slideshow Of The Day

On this Day

  • 1896 St. Louis tornado destruction

    U.S. National Oceanic and Atmospheric Administration

    On this day: May 27

    A tornado nearly wipes out St. Louis, the Chrysler Building and the Golden Gate Bridge open, the Sex Pistols court controversy with "God Save the Queen," and Arsenio Hall signs off, all on this day.