November 17, 2008
Survey shows house asking prices down 7.1% since last November
Increasingly desperate sellers slashed asking prices for homes in England and Wales by 2.9 percent in November, pushing them 7.1 percent below their level a year ago, a survey showed on Monday.
Japan joins Europe in recession; G20 fails to cheer
Japan sank into recession in the third quarter, even before it felt the full force of the financial crisis, and world leaders at a weekend summit gave investors little hope they could rescue the global economy.
Goldman Sachs CEO, six leaders give up 2008 bonuses (AFP via Yahoo! UK & Ireland News)
Goldman Sachs CEO Lloyd Blankfein and six company leaders have renounced their 2008 bonuses, a company spokesman said Sunday.
