Fool’s Day falls on 1st of April. People _36_forget the significance (意义) of the day.

   In March 1980. I was   37   at Durham University with seven other Chinese students. I had   38   to go to another university after graduation and had   39          application (申请)  forms to several  40  . Every morning I arrived at the porter’s office (传达室) and waited my fate. But no 41   came.

On April 1st, as I was eating my   42  , Huang came in , with a toothbrush  43  in his hand. 44   fearing that he might forget the important news , he passed me the  45 . “Morning  , Wu,” he said , “I saw Mr. G this morning. He told me that a letter had arrived in his office for you from Manchester University, and asked you to go and get it  46  possible.” I jumped with   47 .

   I  even didn’t   48  my breakfast and rushed to Mr. G’s  office but  he wasn’t   49   .  I then went to the secretary’s room and    50    everything to her. She opened Mr. G’s room. I looked at everything. There didn’t seem to be a letter for me. “If he had asked you to pick it up from here,” said the secretary , “ he would have put it in  51 or simply left it to me.”

Greatly  52  , I walked out of the room and   53  the  secretary lock it. 54    the secretary’s eyes   55  . “Sorry,” she said. “It’s April Fool’s Day!”

A sometimes         B. never                   C. always            D. seldom

A. staying             B. working               C. visiting           D. studying

A. continued         B. planned               C. managed         D. remembered

A. returned           B. taken                   C. handed            D. sent

A. people             B. colleges                C. cities               D. offices

A. application      B. report                   C. reply               D. chance

A. dinner               B. lunch                  C. supper             D. breakfast

A. still                   B. even                   C. yet                   D. already

A. Because of       B .As if                   C. After                D. While

A. message           B. sign                     C. letter                D. notice

A. if                      B. as soon as           C. when                D. as fast as

A. the news          B. the letter             C. joy                   D. luck

A. take                  B. finish                  C. complete         D. have

A. anywhere         B. in                        C. at                     D. away

A. asked               B. told                     C. explained         D. answered

A. the office        B. his desk            C. the room      D. an obvious(明显的) place

A. disappoint       B. disappointed        C. disappointing  D. disappointment

A. watched          B. made                    C. saw                  D. let

A. Quickly           B. Strangely              C. Finally            D. Suddenly

A. closed             B. opened                  C. brightly           D. darkened

The Growing Credit Crisis Forces Many Companies to Seek Government Help

On September fifteenth, Lehman Brothers, a one hundred fifty-eight year-old investment bank, sought legal protection from its creditors. It had failed to find a buyer after months of searching. With over six hundred billion dollars in debt, Lehman’s failure was the largest bankruptcv in United States history At the same time,the nation’s biggest insurance company,American International Group, had gotten into trouble selling credit default swaps These are contracts Similar to insurance that protect the holder against credit risk.

Credit rating agencies downgraded A.I.G because of concerns it could not honor its contracts. Unable to get new loans, A.I.G asked for government help The Federal Reserve agreed to loan A .I.G. eighty-five billion dollars in return for eighty percent of the company but it was not enough. By November, the government had extended a total of about one hundred fiftv billion doliars in aid to A .I.G—the most to any single company during the crisis.

As banks refused to lend, Treasury Secretary Henry Paulson proposed a plan to loosen credit markets by buylng risky assets. Congress approved the Emergency Economic Stabilization Act of Two. Thousand eight on October third The bill provided seven hundred billion dollars to buy hard to-value securltles from banks. But within weeks, the government changed plans. The Treasury moved to invest two handred fifty billion dollars directly in banks to help them lend money again.

Lack of credit not only hurt banks but manufacturers, too. Falling car sales threatened America’s carmakers The big three automakers—General Motors, Ford and Chrysler—told Congress that they needed loans or they faced bankmptcy. In December, President Bush offered G.M and Chrysler over seventeen billion dollars in loans.

As the year ended, the Federal Reserve tried to support economic growth by lowering its main interest rate to nearly zero for the first time. But there was one more bad surprise New York money manager Bernard Madoff admitted he had cheated investors out of fifty billion dollars. The news only added to the sense that two thousand eight was the worst economic year since the nineteen thirties.

Which of the following is NOT the problem in the passage Lehman Brothers was faced with?

   A. lt is an Investment bank with more than one and a half centuries history.

   B. It didn’t find a buyer after months of searching.

   C. It has over six hundred billion dollars in debt.

D. Its failure was the largest bankruptcy in United States history.

The reason why A.I.G turned to the U.S government for help was that           .

   A. A.I.G would give eighty percent of the company in return for the loan

   B. A.I.G couldn’t get new loans from credit rating agencies

   C. the government extended a total of about one hundred fifty billion dollars in aid to A.I.G

D. the Federal Reserve agreed to loan A.I G eighty-five billion dollars

According to the passage, which of the following is probably NOT suffering from the lack of_______ .

   A. Banks.       B. Manufacturers        C. Carmakers          D. Barbers

The last sentence of this passage indicates that the author’s attitude towards the U.S economy in 2008 is        

   A.pessimistic      B. optimistic           C. objective            D.subjective


The United States is already one year into a depression That was the news this week from the Na-tional Bureau of Economic Research. The downturn is the longest since a depression that began in 1981and lasted sixteen months.
Economists generally wait for production to shrink for six months in a row before they declare a re-cession. But the bureau, a private group, uses a wider set of information to measure the economy. Thenews only confirmed what many people already knew: that the world's largest economy is weak and maynot recover soon.
Worsening conclitions have led to a big drop in spending, especially on costly products like new cars. Even Japanese automaker Toyota saw its sales fall thirty - four percent in the United States in November from a year ago.
The heads of Chrysler, Ford and General Motors retumed to Congress this week to again ask for federal aid.  Congressional leaders denounced(指责) them two weeks ago after they came in private jets with no clear plans for saving their industry. This time, the chiefs drove to Washington in fuel- saving hybrid vehicles. And their companies presented detailed restructuring plans. The reguest for aid has risen from twenty-five billion dollars two weeks ago to thirty-four billion in loans and credit lines.
G.M. wants almost half of that, and says it needs four billion dollars this month. It warned that without support it cannot continue to operate.
Ford is in a better position, But the sharing of suppliers means it could be affected if G.M. or
Chrysler fails. Ford is asking for a nine billion dollar credit line in case it needs it.
Chrysler is the smallest and most trouble of America's Big Three. It says it needs a seven billion dollar loan by the end of the month.
Two days of congressional hearings began Thursday in the Senate Banking Committee. The chairman, Democrat Chris Dodd, said he would support helping the automakers for the good of the economy.
But the committee's top Republican, Richard Shelby, continued to express opposition to a bailout(贿政援助).
A main root of the world financial crisis is the weak housing market in the United States. The Trea-sury Department has been under pressure to help troubled homeowners. Now comes news that the depart-ment is developing a plan aimed at reducing interest rates on mortgage loans(汽车贷款) for some buyers of homes. That could be good for homeowners trying to sell.
【小题1】From the first two paragraphs, we know       .

A.the United States is expected to recover soon
B.the depression has lasted more than 16 months
C.the depression is much more severe than expected
D.the depression will last no more than 6 months
【小题2】Why were the automakers refused for federal aid two weeks ago?
A.Because the government had no extra money to help.
B.Because they didn't have a ciear plan to save their industry.
C.Because they had wasted too much on costly new cars.
D.Because they had enough money to save their industry.
【小题3】Which of the following is asking for the largest federal aide
A.G.M.B.Toyota.C.Chrysler.D.Ford.
【小题4】From the passage we may know Richard Shelby        tile automakers' request for federal aid?
A.was forB.was againstC.didn't care aboutD.took no notice of
【小题5】Which of the following statement is NOT true according to the passage?
A.The hearings on Thursday agreed on a federal aid to the automakers.
B.The main cause of the crisis is weak housing market in the U.S..
C.The government is taking measures to save t he housing market.
D.The Treasury Department had to help the troubled homeowners.

How to use speed reading to go through newspapers or magazines? 1. You will not only save time, but also your focus will increase and you will have fun reading even the  uninteresting reports.

  2.  This plays to the advantage of the tired reader who wants to stay current but has very little time to read. Often all you need to understand a news piece is the first paragraph. Here the reporter will tell you what’s happening, who it’s happening to and where it’s happening.

Sometimes you don’t even need to read the entire paragraph because the first sentence or the first couple of sentences give you all the information. If you still have more time you can move on to step two.   3.Read the last paragraph. Some news pieces are follow-ups of events that were earlier reported. In such a situation, the first paragraph may not give you all the information you need.  4.  It’s usually in the last paragraph that the user is given the background information that leads to the story.

Read the “quotes” after you’ve read the first and last paragraphs and you still feel you need more information or have more time to play with, you can come into middle of the piece by reading the direct speech of the sources of the news item. In all forms of writing where quotations are used, the writer leads the reader into the quotes and then leads the reader out. This takes too much space and therefore, robs the reader out of some precious time.

   5. 

A. Read the first paragraph.[来源:学&科&网Z&X&X&K]

B. But the last paragraph will do the job.

C. The first paragraph may be not important at all.

D. Otherwise, you can stop reading.

E. Here are three techniques you can use.

F. So glide directly to the quotation marks and read what’s within them.

G. If you follow these steps, it’ s possible to get about 80 percent of a news piece.

 

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