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United Nations Environment Programme (United Nations Environment Programme)
Financial damage and loss of life caused by climate-related natural disasters made 2008 one of the most devastating years on record. Cyclone Nargis last June claimed 78,000 lives in Myanmar. The Atlantic hurricane season caused devastation in the Caribbean, Central America and the United States.

American nightmare (Sunday Business Post)
Banks going bust, carmakers collapsing, interest rates being slashed to almost zero – the US economy endured the year from hell, writes Richard Curran.

Rating the Rating Agencies and Securitization (GoldSeek.com)
Structured finance and securitization have blown up in the Panic of 2008. Those in power have learned nothing about the current economic catastrophe. The U.S. government is still supporting Fannie Mae and Freddie Mac and still trying to resurrect a system that has collapsed before its eyes.

Local Bankers Offer Encouraging News at Chamber Forum (The Ellsworth American)
ELLSWORTH — Local bankers had encouraging news for 72 business owners and managers at the Ellsworth Area Chamber of Commerce’s Eggs and Issues meeting Tuesday at the Holiday Inn.


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