Why Did the Stock Market Crash - DOC

							                     Channel One News
                        March 18, 2008

                Discussion Guide & Daily Quiz


Headlines

New York Governor Paterson
   Why does New York State have a new governor?
   Who is the new governor of New York State?

Kosovo Violence
   What country did Kosovo claim independence from?
   Why are Serbian rioters clashing with United Nations police?

Nola Homeless
    Why are there so many homeless in New Orleans?
    Do you think the federal government is doing enough to help the
     victims of Hurricane Katrina?

Pakistan Elections
   Who is the president of Pakistan?
   Do you think Pakistan will become more or less stable with the
    new parliament?

Krakow Remembrance
   Why are people gathering in Krakow?
   Do you think it’s important for people to remember the
     Holocaust?

U.S. Economy
  1. When did the stock market crash?
  2. Why did the stock market crash?
  3. What happened after the stock market crashed?
  4. Do you think the stock market could crash again?

Operation Smile
  1. What is Operation Smile?
  2. How are teens involved with Operation Smile?
                   Channel One News
                          March 18, 2008

   DAILY QUIZ

1. True or False   David Paterson, the new governor of New York, is
                   the first blind person to become governor in the
                   history of the U.S.

2. True or False   In Kosovo, violence broke out between the UN
                   special police and the Kosovo rebels who are
                   fighting to become for their independence from
                   Serbia.

3. True or False   One in twenty-five people living in New Orleans
                   are homeless. Many of them lost their homes in
                   Hurricane Katrina and are now unable to pay their
                   rent.

4. True or False   Oskar Schindler was a Nazi who used his influence
                   to save more than a thousand Polish Jews. His
                   story was later made into a movie.

5. True or False   Wall Street was turned upside down yesterday by
                   the news that Bear Stearns, an investment bank,
                   was purchased for $2 a share by JP Morgan
                   Chase.

ESSAY QUESTION

Why is it important for teenagers to volunteer their time and energy
for causes like Operation Smile?

VOCABULARY
1. Vowed             (v)     promised solemnly
2. Liquidation       (n)     elimination
3. Quadrupled        (v)     made four times as great
4. Volatile          (adj)   explosive
5. Transcends        (v)     rises above in importance
6. Flabbergasted     (adj)   dumbfounded
                     Channel One News
                           March 18, 2008

     DAILY QUIZ ANSWERS

  1. True or False David Paterson, the new governor of New York, is
                   the first blind person to become governor in the
                   history of the U.S.

  2. True or False In Kosovo, violence broke out between the UN
                   special police and the Kosovo rebels who are
                   fighting to become for their independence from
                   Serbia.

  3. True or False One in twenty-five people living in New Orleans
                   are homeless. Many of them lost their homes in
                   Hurricane Katrina and are now unable to pay their
                   rent.

  4. True or False Oskar Schindler was a Nazi who used his influence
                   to save more than a thousand Polish Jews. His
                   story was later made into a movie.

  5. True or False Wall Street was turned upside down yesterday by
                   the news that Bear Stearns, an investment bank,
                   was purchased for $2 a share by JP Morgan
                   Chase.




If you have questions or comments about the discussion guide or the daily
quiz, please contact Paul Folkemer at pfolkemer@channelone.com