It's been a landmark week both here and overseas so if you missed any of the big issues, here is your cheat sheet to this week's most important developments.
Motivated by a mixture of fear and responsibility, directors have begun to pull the trigger on their own companies, casting some banks alongside the rest of the unsecured creditors and shareholders.
Something to dwell on
A big overhang of unsold dwellings in the boom states is an ominous sign for the Australian property market. Vendors are going to need to adjust their expectations and life for real estate agents is about to get tough.
Doing it for the kids
ABC Learning's collapse will likely result in the taxpayer having to step in to provide the funding needed to keep the group's 1110 Australian childcare centres running.
Captain climate change
Barack Obama has identified climate change as one of the greatest challenges of our generation. However, unlike other world leaders, there is a palpable sense of confidence in his ability to follow through.
Sol's last roll of the dice
Telstra has raised the stakes in its stand-off with Canberra, with its chief saying the company won't bid for the national broadband network without clarification on the telco's future.
Typhoon on the horizon
Q&A by Isabelle Oderberg
Chief China economist for UBS, Wang Tao, has downgraded her 2009 GDP forecast for China – she explains why and identifies the structural changes she sees as necessary to help the economy weather the international financial storm.