Investment bank Lehman Brothers filing for bankruptcy triggered a staggering chain of events that markets around the world are still struggling to overcome.
The reduced-service days will save the city more than $8 million.
http://www.ibnlive.com/news/chicago-city-shuts-down-in-a-bid-to-save-costs/99458-2.html
During a cash crunch, many companies look for ways to make an extra buck.
http://www.ibnlive.com/news/7-strategies-that-make-your-bank-richer/89583-7.html
British Banks are never going to recover to the same highs.
http://www.ibnlive.com/news/where-will-the-credit-crunch-highway-head-next-year/81612-7.html
When times get tough pets are the ones who suffer the consequences.
http://www.ibnlive.com/news/credit-crunch-pet-owners-disown-their-dogs/78864-2.html
The troubled bank is to axe 15 per cent of its global work force.
http://www.ibnlive.com/news/royal-bank-of-scotland-to-axe-3000-jobs-report/78185-7.html
A technical recession is defined as two consecutive quarters of negative growth.
http://www.ibnlive.com/news/germany-hit-by-recession-in-its-third-quarter/78090-7.html
In Asia, a tourism downturn hits airlines, high end shopping and resorts.
http://www.ibnlive.com/news/bali-tourism-confident-of-battling-the-credit-crunch/78087-2.html
Unitech reassures investors that their projects are on schedule.
http://www.ibnlive.com/news/housing-projects-immune-to-meltdown-assures-unitech/76879-7.html
Following the credit crunch, high-flying executives are being asked to justify their salaries.
http://www.ibnlive.com/news/forbes-india-spl-india-inc-cuts-down-on-salary/76813-7.html
Recession seems to have tightened the purse strings of the Queen of England as well.
http://www.ibnlive.com/news/queen-tightens-purse-strings-wears-20yrold-gown/76550-2.html
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