Information it has real impacts for the public so absolutely. That is one of the most notable things for the average person reading this, the Housing Market is still affected by the financial crash, the Financial Sector is certainly affected, and certainly government, and wages continue stagnant, no one has solved the productivity puzzle, people are badly affected by what happened a decade ago. In a way, you want a legacy, because we dont want to get into that mess against. True. It was an exceptional situation. Of all the banking crises we have had since the 19305 It Banking Crises we have had since the 1930s it is the worst. In one sense it is hard to predict anything is bad happening again but again on the front page of the Financial Times another story pointing to a Consumer Credit bubble and banks warning about that. We dont always learn the lessons of the past, and in reality, the same people are still around, so. If you were involved in these activities may be the lesson was in
in connecticut some 215,000 people remain without power, more than a week after that freak october snowstorm. connecticut light and power is promising 99% of their customers will have electricity by tomorrow night. this morning the governor said that a 99% threshold must be reached. anything less than 99% restored number is unacceptable. we ll get a live update on the swan the situation in connecticut later. five of the republican candidates spoke at the annual ronald reagan dinner end des moines. mitt romney and herman cain were no shows. rick perry drew applause with his plan that would freeze the pay of a lot of federal workers. until the budget gets balanced i m going to impose an across the board pay freeze for congress and all federal employees pay outside of the military and the public safety areas. iowa s first in the nation presidential caucus is on january 3rd. across america now growing anger at big banks and their rising fees and some of those banks co
ee electr electrocutions are mostly to blame for deaths. health officials say malaria could compound the disaster in the coming weeks. the floods are also taking a financial toll. finance ministry estimates the waters have caused $6 billion in damage. two pakistani cricketers have been found guilty of conspiracy to accept corrupt payments and conspiracy to cheat. the two players threw parts of last year s test match between england and pakistan. sentencing is wednesday. both players could spend up to seven years in prison. there may be new trouble at japan s crippled nuclear plant. tepco says it found signs that it may have started in a nuclear reactor. they re trying to prevent any reactions. those are the headlines from cnn, the world s news leader. world business today starts now. the greek cabinet endorses a referendum on the eu bailout sending investors into a tailspin. this wednesday, george papandreou faces a crucial vote in parliament. will the greek p.m. su