| Source: | Lateline |
|---|---|
| Published: | Wednesday, December 3, 2008 11:16 AEDT |
| Expires: | Tuesday, March 3, 2009 11:16 AEDT |
The '90s saw the rise of the Russian oligarchs, a new generation of businessmen who grew wealthy buying bargain priced government assets, but the global financial crisis has now exposed many of the empires as being built on debt.
ABC News Online takes a look at the big stories from 2008.
Hundreds of Elvis impersonators have boarded a train from Sydney to Parkes for an annual festival.
Want to know more about the Sydney Festival? Ask our blogger Antonette Collins.
The US president-elect, a self-confessed Spider-Man fan, will star in an edition of the comic.
This service may include material from Agence France-Presse (AFP), APTN, Reuters, AAP, CNN and the BBC World Service which is copyright and cannot be reproduced.
AEDT = Australian Eastern Daylight Time which is 11 hours ahead of UTC (Greenwich Mean Time)
