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$ 3.7 billion is a lot of money

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Andre II Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-10-06 11:40 AM
Original message
$ 3.7 billion is a lot of money
No, no, I'm not talking about the money the Pentagon couldn't account for ....
no these are DIFFERENT $ 3.7 billion:

"The government failed to ensure that recipients of terrorism-recovery loans were actually hurt by the Sept. 11, 2001, attacks, allowing banks to spread more than $3.7 billion in aid to whomever they wanted, Senate investigators concluded Wednesday. (...)
"The lack of clear guidelines allowed lenders to justify making a STAR loan to almost any borrower," the committee report said.
Nearly 3 of every 4 loans made under the program contained either insufficient or questionable documentation to show recipients were actually hurt by the Sept. 11 attacks, Snowe's committee found"
http://news.yahoo.com/s/ap/20060906/ap_on_go_pr_wh/terror_loans
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FoxOnTheRun Donating Member (829 posts) Send PM | Profile | Ignore Sun Sep-10-06 11:44 AM
Response to Original message
1. the pentagon lost trillions not billions
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Andre II Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-10-06 11:46 AM
Response to Reply #1
2. Stand corrected
Absolutely true!
They had trillions unaccounted for.
Still I say with my modeste income that $37 billion is quite a lot of money.
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JackRiddler Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-10-06 12:27 PM
Response to Reply #2
4. Well, even with my fortune
Which is merely in the low 100-million range in the foundation's investments, I must say, $37 billion is quite a lot of money.
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medienanalyse Donating Member (727 posts) Send PM | Profile | Ignore Sun Sep-10-06 12:02 PM
Response to Original message
3. If you need to tell a story to get money
you will supposedly tell a story to get that money. So a lot of stories exist about phone calls out of the planes and so on.

Trigger a story - the story will come. Somehow I feel modern journalism works like that. and some religions.
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