The credit crunch, a financial crisis that began in Wall Street just two years ago, has spread throughout the corporate world, bankrupting companies and terminating countless jobs as it goes.
Of course, it's not just the corporate world that has been infected by this recession: it has permeated much of our daily lives. However, it is the closure of multinational financial companies that has had the greatest impact on the global economy and provided the media with the most iconic images of the credit crunch so far.
Here are 10 credit crunched companies that have been forced to lay off thousands of their employees.
(thanks Andy)
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