Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date.
What Happened
On this day in 2008, U.S. President George W. Bush signed the $700-billion Troubled Asset Relief Program bailout into law.
Someone with a lot of money to spend has taken a bearish stance on Citigroup (NYSE:C).
And retail traders should know.
We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.