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JANUARY 8 - IN THE HISTORY Calender Search
 
2008
Gold futures surged above $880 an ounce and closed at $880.30, up $18.30.
2008
Pres. Bush met with Turkey’s Pres. Abdullah Gul to discuss US policy on Turkey's fight against Kurdish rebels. Bush prepared to leave later in the day on his first major trip to the Mideast to try to build momentum for peace.
2008
Pres. Bush signed legislation aimed at preventing the severely mentally ill from buying guns.
2008
California’s Gov. Schwarzenegger in his 5th State of the State speech proposed a constitutional amendment to keep the state from spending more than it collects in taxes. He said the projected $14 billion deficit was driven by voter-approved mandates escalating faster than state income. The proposed cost cutting included a the shutdown of 48 state parks.
2008
In New Hampshire Sen. Hillary Rodham Clinton (39%) led Barack Obama (36%) and John McCain (37%) led Mitt Romney (32%), reviving their sagging campaigns.
2008
James "Jimmy" Cayne (73), Bear Stearns Cos. Chief Executive, said he will give up day-to-day control of the fifth-largest US investment bank amid unprecedented losses from the subprime mortgage crisis. He planned to remain as executive chairman, and will be succeeded as CEO by President Alan Schwartz, effective immediately.
2008
Google unveiled a strategy for its philanthropic arm, Google.org, under the leadership of Dr. Larry Brilliant. The program will be funded with 1% of the firm’s equity, annual profits and employee’s time and pursue 5 core initiatives in 3 areas: fighting climate change, economic development, and building an early warning system for pandemics and disasters.
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