We compute the complete Fadell-Husseini index of the 8 element dihedral group D_8 acting on S^d \times S^d, both for F_2 and for integer coefficients. This establishes the complete goup cohomology lower bounds for the two hyperplane case of Gr"unbaum's 1960 mass partition problem: For which d and j can any j arbitrary measures be cut into four equal parts each by two suitably-chosen hyperplanes in R^d? In both cases, we find that the ideal bounds are not stronger than previously established bounds based on one of the maximal abelian subgroups of D_8.