Eocnomic Recession

January 12, 2011, 12pm PST
The decline in housing prices during the Great Depression of the thirties peaked at a average loss of 25.9%. In November of last year, the current decline ticked past that landmark to hit 26%.
The San Jose Mercury News
February 15, 2010, 11am PST
Vancouver lost its Triple A credit rating after being forced to bail out its Olympic Athletes Village when the hedge fund that had backed it went under -- just one of the unpredicted events that made this a Recession Olympics.
Financial Times