Friday, October 2, 2009

Citi Struggles Even as Other Banks Show Strong Profits

http://www.nytimes.com/2009/10/16/business/16citi.html?ref=economy




1.What is this item about?
This article is about the Citi Bank group trying to bring their chains of banks under from debt



2.Why did you choose it?
I chose this because it interested me, and because my mother has a bank account with Citi so it affects me in some way or another



3.Do you agree with what's happening in the news item you chose? Why or why not?
I agree with the process, because they're trying to do to bring the banks out of debt



4.Do you think the information has been presented fairly? Why or why not?
The information has been presented fairly, because it gives me a good idea about what they plan on doing to fix this crisis going on with the government and the Citi Group



5.Would use this news source again?
Yes i would, they have multiple options for current events going on in America

1 comment:

  1. Daron, Nice job. This was a long article on a complicated subject, and you got to the part that's important to most consumers. Why do you think Citibank is having such a hard time turning itself around and paying the government back? And if the article doesn't really say so, should it?

    Grade: 10/10

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