Kress v. United States
District Court, E.D. Wisconsin
1Opinion of the Court
• On September 29, 2008, the Dow fell 777.68 points, the most in any single day in history.
• The U.S. economy lost 159,000 jobs in September 2008.
• The U.S. economy lost 240,000 jobs in October 2008, and the AIG bailout increased to $ 150 billion.
• In December 2007, the U.S. unemployment rate was 5.0%. Eighteen months later, in June 2009, the U.S. unemployment rate was 9.5%.
• Real GDP fell 4.3% from its peak in fourth quarter 2007 to its trough in second quarter 2009, the largest decline in the postwar era.
• The S&P 500 Index fell 57% from its October 2007 peak to its trough in March 2009.
•…
2Cases cited18 opinions
- Chevron U. S. A. Inc. v. Natural Resources Defense Council, Inc.Supreme Court of the United States · 1984
- United States v. JanisSupreme Court of the United States · 1976
- Helvering v. National Grocery Co.Supreme Court of the United States · 1938
- Burton-Sutton Oil Co. v. CommissionerSupreme Court of the United States · 1946
- Buffalo Tool & Die Mfg. Co. v. CommissionerUnited States Tax Court · 1980
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3Cited by1 opinion
- Evans v. Amazon.com IncDistrict Court, E.D. Wisconsin · 2024