Current+Sam+R

http://www.nytimes.com/2008/09/24/business/24pay.html?ref=business all i can understand in this article is that they are heaviliy limiting the pay for exectutives

http://topics.nytimes.com/top/news/business/companies/american_international_group/index.html?scp=1-spot&sq=aig&st=cse aig went down in london because of home loans half of employees in asia $85 billion bailout

http://www.nytimes.com/2008/09/17/business/17insure.html?pagewanted=2 aig gets 2 years to pay off 85 biliion dollar loan. fed gets 80% of the aig shares they need to put more rules in about the stock market http://money.cnn.com/galleries/2008/news/0809/gallery.week_that_broke_wall_street/index.html timeline lehman bros goes down bank of america offers to buy merrill lynch frannie may freddie mac get 200 billion dow jones drops most since 9/11 because of lehman and merrill lynch buy aig buyout dow jones drops again "naked selling" band something about a large scale bailout gov asks for 700 billion dollar bailout

questions: how does this effect me? how does this effect everyday life? is it bad if all of these companies go down? why do none of the articles say how it effects people? will all this money in the $700 plan be worth it? how did the economy get this screwed up? will it be fixed anytime soon a year, 5? 10? 20? were there any preventetive tactics in case something like this happened? were they used? if there weren't, why not? is this george bush's fault? how is the rest of the world doing economically?

comments: these articles are written for buisnessmen, not me and i don't get a lot of the terms they use.