Tuesday, October 28, 2008

1. Why has the government taken over some U.S. firms?
The goverment has taken over U.S firms because we are in an economic crisis

2. What firms has the government taken over?
Some firms that the goverment has taken over is AIG, Fannie Mae, and Freddie Mac

3. What is a bailout?
The bailout is when the goverment is trying to prevent corporate failure.

4.Why does David Walker have doubts about the bailout?
He has doubts about the plan because the goverment does not have the "core competency"

5. What did Daniel Mitchell say about the bailout?
Daniel Mitchell did not aprove the bailout. he also says the they are doing the wrong thing in the best way possible.

1 comment:

EDUC 108 M03 Professor Westry said...

Okay George. I'll go over these questions with you in class.