http://money.aol.com/article/citi-using-bailout-funds-to-make-loans/476478
What is this item about? Citigroup said its committee overseeing the use of taxpayer money approved $44.75 billion in lending initiatives as of March 31.
Why did you choose it? because Citigroup has been in the news for about a year for big bailout plans and they let people go but still ask congress for more money.
Do you agree with what's happening in the news item you chose? Why or why not? I do not agree with the way citigroup is asking for a bailout and still have enough money to buy the execs. a jet that cost.
Would you use this news source again? yes
Tuesday, May 12, 2009
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Ellis, Nice, particularly the comment about the jet. Actually, Citibank is SUPPOSED to use federal bailout money to make loans. Did you think the article was presented fairly?
ReplyDeleteGrade: 8/10