OCLC's 42nd annual report to the membership has just been issued and is available at: http://www.oclc.org/news/publications/annualreports/2009/2009.pdf?utm_source=WhatCountsEmail&utm_medium=OCLC+Abstracts&utm_campaign=OCLC+Abstracts.
"In the report, Jay Jordan, OCLC President and Chief Executive Officer, wrote that fiscal 2009 was a challenging year as libraries and the OCLC cooperative felt the impact of the worldwide economic recession. At the same time, the cooperative continued to execute its long-term strategy of building Web-scale services, setting the stage for an exciting transformation in the way libraries serve their institutions and users."
From: OCLC Abstracts, Vol. 12, no. 47 (Dec. 7, 2009).