Katrina claims top $3 quadrillion

[unhappycamper]

Victims of Hurricane Katrina are seeking more than $3 quadrillion from the government in claims for damage when the city was inundated (above) after the levees and flood walls failed. (Eric Gay/Associated Press/File 2005)


Katrina claims top $3 quadrillion
By Michael Kunzelman
Associated Press / January 10, 2008

NEW ORLEANS - Hurricane Katrina's victims have put a price tag on their suffering and it is staggering - including the unlikely sum of $3 quadrillion one plaintiff is seeking.

And it is a whopping $3,014,170,389,176,410 sought so far from some of the largest claims filed against the federal government over damage from the failure of levees and flood walls after the 2005 storm.

Of roughly 489,000 claims, the US Army Corps of Engineers said it has received 247 for at least $1 billion apiece.

"That's the mother of all high numbers," said Loren Scott, a Baton Rouge-based economist.

For the sake of perspective: A mere $1 quadrillion would dwarf the US gross domestic product, which Scott said was $13.2 trillion in 2007.


Rest of article at: http://www.boston.com/news/nation/articles/2008/01/10/katrina_claims_top_3_quadrillion/

[Cornfields_4_Peace]

1. Greed

Looks like we have to many Trial Lawyers wanting a fast buck and people willing to go along with that sort of thing! :banghead:

[rucky]

2. Welcome to DU!

And prepare yourself for a chilly reception. You still have time to edit.

hint: John Edwards is the most favored candidate, here.

[zalinda]

3. No, I think it's a publicity stunt

How else are they going to get any attention? Nothing else has worked so far.

zalinda