AIG plan to repay

The American International Group Inc. has announced that they have agreed on a plan to repay the 100 billion dollars in taxpayer money they still owe from their bailout in 2008.  This plan which proposes that the government's ownership of AIG stocks increase to 92% hopes to end the biggest bailout of the financial crisis. The strategic and positive plan to repay the government requires that the Treasury Department convert stocks worth 49.1 billion dollars into a common AIG stock that will be sold according to the the Los Angeles Times.  The New York Times took a more skeptical take on the situation by investigating the issue that "the plan offers no clear sense of whether  taxpayers will end up with a gain or loss."  A more concise view was taken by USA Today who delivered  general information regarding the matter, included in the other two articles; however, remained neutral.  

CEO of AIG; Robert Benmosche, pictured in the New York Times says that this plan will help AIG stay on track (Credits to: Mary Williams Walsh)


Done by: Emily Andrews

Obama's Nationwide Forum

Attemping to put the growing concern over the economy at ease, President Obama has been traveling Nationwide answering the pressing questions of Americans of all age groups. According to the Los Angeles Times, the economic crisis was perceived through a parent's point of view in an Iowa neighborhood; where parents expressed their frustration that their college graduate children are unable to find employment. A student's perception was investigated in Madison, Wisconson when the president visited a college campus to receive input according to the New York Times.  At a community event in Richmond, Virginia; President Obama assured concerned business owners that the Republican Party cannot decrease the debt and maintain balance while keeping the current tax policies according to USA Today. All three publications followed Obama across the country at these forums; however, they each focused on a different demographic's concern. 

President Obama depicted in USA Today reassures listeners in Richmond, Virginia that the Republican's proposed ideas to aid the economy do not logically add up.  (Credits to David Jackson)

 Done by: Emily Andrews