September 5th, 2008

Today in History

1988:
With US$2 billion in federal aid, the Robert M. Bass Group agrees to buy the United States's largest bankrupt thrift, American Savings and Loan Association.

1977:
1977 - Hanns-Martin Schleyer, President of the Employers Association, is kidnapped in Cologne, West Germany. Kidnappers kill three escorting police officers and his chauffeur. They demand release of Red Army Faction prisoners

1948:
Robert Schuman becomes Prime Minister of France.

1937:
Spanish Civil War: The fall of Llanes.

1698:
In an effort to move his people away from Asiatic customs, Tsar Peter I of Russia imposes a tax on beards; All men except priests and peasants, are required to pay a tax of one hundred rubles a year and the commoners had to pay one kopek each.