LundquistNewsBlog
For this entry I tried to find three articles that covered different aspects of the economic crisis on Wall Street. An article on the front page of the Sunday Star Tribune takes a local angle and covers the effects the crisis is having on the middle class. It uses two middle class Minnesota families to show how it might affect people here. Being a local, Minnesota newspaper the focus of the stories is going to be on subjects that will be of interest to Minnesotans so that’s why I think they chose to give this story this particular angle and place it in an area of such prominence.
The second story I chose is from the Wall Street Journal. Below is the link. http://online.wsj.com/article/SB122191819568460053.html
It discussed the $700 billion bailout the government is asking Congress to grant in order to try and halt the financial crisis. Since this paper is targeted towards people who are very familiar with how Wall Street works the article is very technical and goes into a lot of detail about what the plan would entail and how it could work to help the current situation. Since I don’t know a lot about Wall Street I found it very confusing but I am sure someone who knows more about how all of that works would find the article very informative.
The third article is from the Chicago Tribune. The link is below.
http://www.chicagotribune.com/news/opinion/chi-oped0921mccarronsep21,0,488924.story
It gives a very different look than the previous two articles. While those were different in their content they were similar in that they only reported the facts and the only type of opinion came through quotes from interviews. This article though was very opinionated and the writer was not afraid to blame the Bush administration and the Republicans for the current situation.