Current+Melissa

http://www.boston.com/business/articles/2008/09/23/aig_ceo_expects_for_sale_list_next_week/ This article is about what is happening to the insurrance company AIG. Questions about the articles: - In the article it says that "AIG should have a list of assets it wants to sell by next week", I wanted to know what exactley that is supposed to mean. - Is there a difference between a loan from a bank and a Federal Reserve loan? - What does it mean that the government has the right to take an almost 80% stake in the company? - How is AIG going to be able to get 85 billion dollars to get them out of det?

http://www.boston.com/realestate/news/articles/2008/09/24/mass_home_prices_sales_fall_further/ This article is about how in Massachusetts, the home price salls are falling further. Questions about the articles: - Why are there the biggest drops in the cape and the islands in Central, Massachusetts? - Why is the wall street effecting the ability to sell houses? - In the article, it says that this August the average house was on the market for 130 days compared to last year in August whent the houses were on the market for 127 days, why is three days such a big deal?

http://www.boston.com/business/markets/articles/2008/09/21/how_will_we_be_affected/?page=2 This article is about the people who are being affected by the finacial crisis that is going on right now. Questions and comments about the article: - In the article is has a comment from this women named Vaughan saying "nobody helps us out and we have to bail out these guys that have lived a good life for years", what does she mean by that? - This is a really important article because it shows how this finacial crisis isn't only effecting the stock market and these big companies, but also everyday people that are in a lot of trouble because there house won't sell or they are going into dept because of the taxes raising. - This article also made me be aware of the fears of the resturant owners that they will lose a ton of buisness because of the finacial ucertainty. - This article aloso made me be aware that taxpayers are right now paying large companies out of dept, and because of this they are going into dept but yet the governement is not going to pay for them.

Melissa: Super job -- Good articles, thoughtful questions. You really put thought and effort into this. Your work will anchor the group project. Please paste a copy of my comments into an email to your family and advisor. (copy me so I know it gets through) I want them to know you did well on this. Thanks tons! Mr. Albritton. A = 97%