On Sept. 7, 2008, the U.S. government took over Fannie Mae and Freddie Mac, giant mortgage firms that owned or backed $5.3 trillion in mortgages.
Today is Friday, Sept. 7, the 250th of 2018 with 115 to follow.
The moon is waning. Morning stars are Mars, Mercury, Neptune, Saturn and Uranus. Evening stars are Jupiter, Mars, Neptune, Saturn, Uranus and Venus.
Those born on this date are under the sign of Virgo. They include England’s Queen Elizabeth I in 1533; American painter Anna “Grandma” Moses in 1860; financier J. Pierpont Morgan Jr. in 1867; football Hall of Fame member Paul Brown in 1908; film director Elia Kazan in 1909; U.S. golfer and co-founder of LPGA Louise Suggs in 1923; U.S. Sen. Daniel Inouye, D-Hawaii, in 1924; fashion designer Laura Ashley in 1925; paranormal investigator Ed Warren (inspiration for Amityville Horror) in 1926; jazz saxophonist Walter Theodore “Sonny” Rollins in 1930 (age 88); philanthropist John Paul Getty Jr. in 1932; rock ‘n’ roll pioneer Buddy Holly in 1936; actor John Phillip Law in 1937; Italian director Dario Argento in 1940 (age 78); pop singer Gloria Gaynor in 1949 (age 69); actor Julie Kavner in 1950 (age 68); political commentator Peggy Noonan in 1950 (age 68); singer Chrissie Hynde (Pretenders) in 1951 (age 67); actor Corbin Bernsen in 1954 (age 64); actor Michael Emerson in 1954 (age 64); singer/pianist Michael Feinstein in 1956 (age 62); rapper Eazy-E, born Eric Lynn Wright, in 1963; actor Toby Jones in 1966 (age 52); comedian Leslie Jones in 1967 (age 51); actor Tom Everett Scott in 1970 (age 48); actor Shannon Elizabeth in 1973 (age 45); actor Devon Sawa in 1978 (age 40); actor Evan Rachel Wood in 1987 (age 31); basketball player Kevin Love in 1988 (age 30); actor Dean-Charles Chapman in 1997 (age 21).
On this date in history:
In 1822, Brazil declared independence from Portugal.
In 1892, James Corbett knocked out John L. Sullivan in the 21st round of a prizefight at New Orleans, the first major fight under the Marquess of Queensberry Rules.
In 1901, the Boxer Rebellion in China ended with the Boxer Protocol, a peace agreement between China and other world powers.
In 1926, Hollywood studios closed for the day in honor of the funeral of Rudolph Valentino, the silent movie superstar who had died after ulcer surgery.
In 1940, Nazi Germany launched the London blitz, bombings that Adolf Hitler believed would soften Britain for invasion. The invasion never materialized.
In 1943, a fire swept through the Gulf Hotel in Houston, killing 55 men, many of whom were homeless.
In 1963, the Pro Football Hall of Fame opened in Canton, Ohio. The inaugural inductees included George Halas and Harold “Red” Grange.
In 1977, U.S. President Jimmy Carter and Panamanian leader Omar Torrijos signed a treaty agreeing to transfer control of the Panama Canal from the United States to Panama at the end of the 20th century.
In 1986, Desmond Tutu was installed as the Anglican archbishop of Cape Town, becoming first black titular head of South Africa’s fourth-largest Christian church.
In 1992, 12 people were killed when a twin-engine plane carrying skydivers crashed in a soybean field in Hinckley, Ill.
In 1996, rapper Tupac Shakur was hospitalized after being shot four times in Las Vegas. Shakur died six days later.
In 2007, the Roman Catholic Diocese of San Diego agreed to pay almost $200 million to 144 people who said they were sexually abused by members of the clergy.
In 2008, the U.S. government took over Fannie Mae and Freddie Mac, giant mortgage firms that owned or backed $5.3 trillion in mortgages, after they failed to properly account for losses, using questionable accounting methods to push them into the future so they wouldn’t need to be reported until the next year.
In 2009, the British government convicted three men of plotting to blow up seven trans-Atlantic flights, smuggling explosives aboard in soft drink bottles, a plan that led to tighter airline regulations on carry-on bottles of liquid.
In 2011, a plane crash near the Russian city of Yaroslavl killed 44 people, including almost the entire Lokomotiv Yaroslavl Kontinental Hockey League team. Several of the victims had ties to North America’s National Hockey League. A member of the aircraft’s crew was the only survivor.
In 2013, Tokyo was chosen to host the 2020 Olympics.
In 2013, conservative coalition leader Tony Abbott claims victory as prime minister of Australia.
In 2017, an 8.1-magnitude earthquake struck outside Pijijiapan, Mexico, in Chiapas state, killing nearly 100 people. It was the strongest recorded temblor in a century.
A thought for the day: “When you are honest and open with young people, they let you in.” — Earvin “Magic” Johnson