What happened on July 21 2008?

On July 21, 2008, a significant event occurred in the world of finance when the U.S. government took control of the mortgage giants Fannie Mae and Freddie Mac due to the ongoing housing market crisis. This intervention was aimed at stabilizing the housing market and preventing further economic downturn. Additionally, on that date, the final episode of the popular television series "The Wire" aired, concluding its critically acclaimed five-season run.