Hotel Honda: The Story of Bruce Richall

"I never thought it would ever come down to this, but here I am - homeless" (Bruce Richall, IT consultant)."I really liked my job and wanted to keep it. I joined in February, and having worked for many years as an...

Nissan closes UK factory for two weeks

Nissan will close its Sunderland factory from Friday for two weeks. This is due to the global financial downturn resulting in lower sales of its Micra and Note models.When it finally opens again it will run...

On Edge: New Yorkers Brace for Recession

In September of this year, American International Group (AIG), the insurer at the center of the troubled Wall Street financial system, was bailed out in part by New York State Governor Paterson to the tune of 20...

Downwardly: "By the time you foreclose on my house, I'll be dead."

Associated Press has a new story up identifying recent victims of violence connected to the financial crisis. Here is a brief police blotter account of one of the most recent: Pamela Ross, who had been given a...

Downwardly: 19 year woman loses medical insurance, faces gangrene

It's everywhere you look on the web: stories of ordinary Americans in a steep  downwardly descent.  A doctor tells the Washington Post of the disgusting hardships people who have lost their medical...

Downwardly: homeless dogs abandoned by foreclosed owners

I've heard of the yoga pose Downward Dog, but downwardly mobile dogs?Animal control officers in this suburban Chicago community have been rounding up dogs that have been abandoned by folks who have lost their...

Downwardly: crooked loans officer loses own house

Now this downwardly story has a sweet sense of justice about it. A mortgage loans officer from Waterford, Conn., was just convicted of defrauding over 200 borrowers. He's now downwardly too:"Jose M. Guzman, a...

Downwardly: Olivia, Bill, Joe and Tammy

Good on Salon.com - they're profiling people who are caught up with the deep financial slide.  In this article meet Olivia, once an accountant, now trying to support her kids on fewer working hours as the...

Downwardly: Dave Cantrell and his midnight U-Haul

MSM seems to be doing a better job of finding human faces to illustrate the personal cost of the financial crisis. Here's a poignant one from The Mercury News. Consider adding your own."MANTECA — Dave Cantrell...

German unemployment at 14yr low

"Germany 's jobless rate fell to 8.8 percent in September, its lowest level in over 14 years, showing Europe's largest economy is in good health despite financial market turmoil and a strong euro. Unemployment fell for the 18th month running, the Federal Labour Office said on...

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