Planet13 - 2:22 pm on Jan 24, 2012 (gmt 0)
Wow, acee, I am sorry to hear about the 80% drop in traffic (although I guess that can be typical for some sites hit by Panda).
If the syndicated descriptions are actually HELPFUL to your users, can you just noindex them? I know some people have mentioned that noindex worked for them, others said they had to remove the content entirely...
Others have said moving to a new domain worked well for them. See this thread for example:
I hope this helps. It sounds like what you have is a directory and I think that the standards for directory type sites have been raised significantly.