I chose this story because it echoes what people are going through right now with the economy and such. It also personalizes the Madoff story. Walter Madoff is the man that has allegedly swindled a lot of money from a lot of people with a Ponzi scheme.
The impact of this story is one of national attention because it affected so many investors, including prominent celebrities. It's timeliness is a factor because Madoff was only arrested in December and people are dealing with the effects now. Its current to the economic condition.
I think the two aspects that make this news worthy to me is the conflict - the fact that a 90-year-old man has to return to work just to make ends meet- and the proximity. The man in the story is from Ben Lomond which is very near to where I live now and where I live in the past. The fact that he has garnered national attention makes this story more interesting to me.
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Good analysis of news values. 10/10
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