On this day: October 3

Published: Oct 03 2012 01:53:54 AM EDT   Updated On: Oct 03 2014 02:00:00 AM EDT

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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Mike Theiler/Reuters

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

  • Keith Moon, final concert with The Who, 1978

    Jean-Luc/Wikimedia Commons

    On this day: October 21

    Magellan discovers the strait that would bear his name, Carlton Fisk waves his World Series home run fair, and Keith Moon plays his last show with The Who, all on this day.