1.What is this item about?
ing is useing euro1.3 billion to pay back one of there bailout shares. The company is paying back the state with proceeds from a euro7.5 billion share. now there trying to payback there second half. CEO Jan Hommen said they would use regular earnings and money raised from divestments to pay the second half back.
2.Why did you choose it?
i choose this this because reading the title ing paying back bailout money. it cought my eye and i got really interesed in it and i cant wait to see when they paid it full.
3.Do you agree with what's happening in the news item you chose? Why or why not?
no there taking money from share to pay for bailouts to the dutch.
4.Do you think the information has been presented fairly? Why or why not?
yes i do think this information was pesented fairly. they had everything down to the point 56.
5.Would you use this news source again?
yes
http://www.forbes.com/feeds/ap/2009/12/11/business-financials-eu-netherlands-ing_7202235.html
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Kathleen, You took a very short article not really related to our economy and misunderstood part of it. The Dutch gov't gave money to ING bank, not the bank giving bailout money to the Dutch.
ReplyDeleteGrade: 6/10