Finance Events

1789 Sep 2 The United States Department of the Treasury is Established
The Department of the Treasury is an executive department and the treasury of the United States federal government. It was established by an Act of Congress in 1789 to manage government r...
1857 Aug 24
to 1859 Feb 1
 The Panic of 1857
The major financial catalyst for the panic of 1857 was the August 24, 1857, failure of the New York branch of the Ohio Life Insurance and Trust Company. It was soon reported that the enti...
2008 Sep 15 Lehman Brothers files for Chapter 11 Bankruptcy Protection
On September 15, 2008, the firm filed for Chapter 11 bankruptcy protection following the massive exodus of most of its employees and clients, drastic losses in its stock, and devaluation ...
2010 Feb 2 British Confection Giant Cadbury Is Taken Over By Kraft Foods
Kraft Foods (KFT.N) sealed a friendly deal to buy British candy maker Cadbury CBRY.L for about $19.6 billion (11.9 billion pounds) after frantic last-minute talks broke an impasse over pr...
2010 Jun 16 Bill Gates, Melinda Gates, and Warren Buffett Announce 'The Giving Pledge'
Bill Gates, Melinda Gates, and Warren Buffett are asking the nation's billionaires to pledge to give at least half their net worth to charity, in their lifetimes or at death. If their cam...
2010 Jul 21 The Dodd-Frank Wall Street Reform and Consumer Protection Act Is Signed Into Law
At 5:08 a.m. Friday morning, just before dawn on Capitol Hill and minutes before lawmakers were expected to make a historic agreement on new financial regulations, Rep. Paul Kanjorski (D....