One would be hard-pressed to argue that 2008 wasn't an eventful year. Barrack Obama was elected 44th president of the U.S.; Delta Air Lines merged with Northwest Airlines, creating the world's largest airline and reducing the number of U.S. legacy carriers to 5; Bernard Madoff was arrested and charged with securities fraud in $50 billion Ponzi scheme. It was also the year that everything changed for med-tech firms seeking investment dollars as stock exchanges saw some of their steepest declines ever, and the Dow Jones Industrial Average fell 777.68 points, the largest single-day point loss in its history. Read More
