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Eight years ago today, Vince Russo and Ed Ferrara, two of wrestling most well-known writers, made the decision to jump from the World Wrestling Federation to World Championship Wrestling. After a meeting with WCW executives the two, who were not contracted to the WWF, decided to make the move. On a September 30, 1999, Russo told Vince by phone that the two won't appear for the upcoming week's Monday Night Raw. Not too long after the call was made WWF.com writers posted on their front page, "Effective Sunday, 9:45 p.m. ET, Vince Russo, one of the creative writers, will no longer be with the World Wrestling Federation. Russo abruptly resigned over the phone and will now be working for WCW." This was stated even though Russo had never actually been signed. It was scheduled that the WWF was to unveil their Initial Public Offering into the stock market. This move would come as a shock to WWF, but in the long run they would benefit. For less than two years later, their rival company, WCW, would go bankrupt and officially close down. Russo currently writes for TNA Wrestling, Ferrara is temporarily inactive. Russo was indeed one of the late 1990's biggest factors on the creative end.