In yet another slapstick episode of this world's financial turmoil, Citigroup says its industry is “partly to blame” and that some actually do feel remorse reports the BBC news. To express their solidarity with those suffering from the fallout of corporate greed, wealthy executives will give up their million dollar bonuses. How touching.
In the meantime, the number of homeless people in some of the world's richest capitals has risen. The French daily, Le Monde, reports the number of homeless people in the UK is the worse since 1946. The UK charity, Crisis Shelter, says the financial crisis is directly to blame and that 75,000 families will lose their homes in 2009. The value of the British Sterling has dropped and is now on par with the Euro. In Paris, over 300 people froze to death. Even the Pope is getting his word in.
