What happened July 2008 AD in United States of America

On July 2, 2008, Buffett attended a $28,500 per plate fundraiser for Obama's campaign in Chicago.

On July 7, 2008, IndyMac announced on the company blog that it: Had failed to raise capital since its May 12, 2008 quarterly earnings report; Had been notified by bank and thrift regulators that IndyMac Bank was no longer deemed "well-capitalized". IndyMac: The first visible institution to run into trouble in the United States was the Southern California–based IndyMac, a spin-off of Countrywide Financial. Before its failure, IndyMac Bank was the largest savings and loan association in the Los Angeles market and the seventh largest mortgage originator in the United States.

The iOS App Store was opened on July 10, 2008, with an initial 500 applications available.

July 11, 2008: IndyMac failed.

On July 11, 2008, citing liquidity concerns, the FDIC put IndyMac Bank into conservatorship.

A TiVo service update in July 2008 allowed the system to search and play YouTube videos.

A bridge bank, IndyMac Federal Bank, FSB, was established to assume control of IndyMac Bank's assets, its secured liabilities, and its insured deposit accounts. The FDIC (Federal Deposit Insurance Corporation) announced plans to open IndyMac Federal Bank, FSB on July 14, 2008.

On July 20, 2008, Facebook introduced "Facebook Beta", a significant redesign of its user interface on selected networks. The Mini-Feed and Wall were consolidated, profiles were separated into tabbed sections, and an effort was made to create a cleaner look. Facebook began migrating users to the new version in September 2008.

July 30, 2008: The Housing and Economic Recovery Act of 2008 was enacted.

IndyMac Bancorp filed for Chapter 7 bankruptcy on July 31, 2008.