Also Within This Year in History:
2008
Barack Obama became the first Black American elected president in 2008, a year that also brought the release of “Iron Man,” the first film in the Marvel Cinematic Universe. As the Great Recession deepened, investment manager Bernard Madoff was arrested for perpetrating the largest Ponzi scheme in history and the mysterious Satoshi Nakamoto wrote a white paper introducing Bitcoin cryptocurrency to the world. Meanwhile, a fuzzy blanket with sleeves called the “Snuggie” sold some 4 million units over the holidays while inspiring a slew of parody commercials.
On January 1, 2008, with snowflakes falling around him in Buffalo, Pittsburgh Penguins star Sidney Crosby slips a shot past Ryan Miller to win the NHL’s inaugural Winter Classic—the first…
At the New Delhi Auto Expo in India, Tata Motors debuts the Nano, billing it as the world’s cheapest car. The anticipated price tag is around $2,500. Tata, India’s largest…
On January 22, 2008, Hollywood mourns a talented young actor’s life cut tragically short, after the body of 28‑year‑old Heath Ledger is found by his masseuse and housekeeper on the…
Hollywood’s longest work stoppage since 1988 ends on February 12, 2008, when members of the Writers Guild of America (WGA) vote by a margin of more than 90 percent to…
On March 16, 2008, Bear Stearns, the 85‑year‑old investment bank, narrowly avoids bankruptcy by its sale to J.P. Morgan Chase and Co. at the shockingly low price of $2 per…
On April 20, 2008, 26‑year‑old Danica Patrick wins the Indy Japan 300 at Twin Ring Motegi in Motegi, Japan, making her the first female winner in IndyCar racing history. Danica…
On June 1, 2008, a massive, early morning fire at the Universal Studios Hollywood theme park and studio backlot in Universal City, California destroys a trove of irreplaceable recordings by…
On August 3, 2008, the first published photos of former couple Brad Pitt and Angelina Jolie’s newborn twins, Vivienne Marcheline and Knox Leon, go up on People magazine’s website. A…
On August 8, 2008, a long‑simmering conflict between Russia and Georgia boiled over into a shooting war between the small Caucasian nation and the superpower of which it was once…
Taking a calculated risk to appeal to conservative voters, Republican presidential nominee John McCain sets the political world abuzz when he announces the selection of Alaska Governor Sarah Palin as…
On September 10, 2008, scientists successfully flip the switch for the first time on the Large Hadron Collider (LHC) at the European Organization for Nuclear Research (CERN) lab in Geneva,…
On September 15, 2008, the venerable Wall Street brokerage firm Lehman Brothers seeks Chapter 11 bankruptcy protection, becoming the largest victim of the subprime mortgage crisis that would devastate financial…
On September 21, 2008, the last game at historic Yankee Stadium—”The House That Babe Ruth Built”—is played. In the finale, the New York Yankees beat the Baltimore Orioles, 7‑3, as…
On September 29, 2008, after Congress failed to pass a $700 billion bank bailout plan, the Dow Jones Industrial Average falls 777.68 points—at the time, the largest single‑day point loss…
On November 4, 2008, Senator Barack Obama of Illinois defeats Senator John McCain of Arizona to become the 44th U.S. president, and the first African American elected to the White…
With over 13 million votes cast, California voters approve Proposition 8 on November 4, 2008, amending the state’s constitution to ban same‑sex marriage. Only months earlier, in May 2008, the…
On December 11, 2008, financier Bernard Madoff is arrested at his New York City apartment and charged with masterminding a long‑running Ponzi scheme later estimated to involve around $65 billion,…
