Barack Obama elected as America’s first Black president | November 4, 2008 | HISTORY

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 regular-season game in league history played outdoors in the United States. The game is played before 71,127 fans at Ralph Wilson Stadium, home of the Buffalo Bills.

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.

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 floor of his rented apartment in the SoHo neighborhood of New York City.

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 go back to work after a walkout that began the previous November 5.

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 share.

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.

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 some of the greatest musical artists in American history, thousands of archived digital and video film copies and King Kong Encounter, one of the park’s most popular attractions. The fire caused no serious injuries, but artists and others mourned the loss of cultural treasure.

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 19-page photo spread followed in the magazine’s August 18, 2008, issue.

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 a part. The brief Russo-Georgian War was the most violent episode in a conflict that began more than a decade before.

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 his running mate on August 29, 2008.

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, kicking off what many called history’s biggest science experiment.

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 markets and contribute to the biggest economic downturn since the Great Depression.

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 future Hall of Famer Mariano Rivera closes the game with a perfect ninth inning. “The way I feel emotionally right now and just physically so drained, it feels like a huge postseason win for us,” Yankees pitcher Andy Pettitte told the New York Times.

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 in its history.

On October 31, 2008, Satoshi Nakamoto, the mysterious and anonymous inventor of Bitcoin, released the Bitcoin white paper, introducing the cryptocurrency—and how it could be used—to the world. By design, only 21 million Bitcoins will ever be "mined," or released into the market.

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 House. The 47-year-old Democrat garnered 365 electoral votes and nearly 53 percent of the popular vote, while his 72-year-old Republican challenger captured 173 electoral votes and more than 45 percent of the popular vote. Obama’s vice-presidential running mate was Senator Joe Biden of Delaware, while McCain’s running mate was Governor Sarah Palin of Alaska, the first female Republican ever nominated for the vice presidency.

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.

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, making it one of the biggest investment frauds in Wall Street history.