3 Quadrillion Dollars???

Wow, here comes the mother of all [crazy] US law suits…it seems that Katrina victims have finally put a price tag on their suffering!

What’s the exact number? $3,014,170,389,176,410

$3Q of that is from a single plaintiff…

From the AP

6 comments to 3 Quadrillion Dollars???

  • Planet Apex

    Wow, amazing. To think 3,4 billion dollar lawsuits against makes news in accounting world. why haven’t we heard about this???

  • the1truecoolguy

    You’ll probably hear about it soon enough! The figure is absolutely mind boggling…

    Once again, this doesn’t surprise me given that it’s happening in the states!

  • Darwin

    That’s insane. I wonder how much a ‘tsunami’ victim would be entitled to then?

  • the1truecoolguy

    Darwin – Well, I think the actual lawsuit and/or problem with New Orleans was the levees and that’s what the people are suing the government over. Although it was a natural disaster, I’m sure more could have been done to protect the city (and possibly prevent some of the loss). Whereas the Tsunami was truly a natural disaster.

    See:
    http://en.wikipedia.org/wiki/Hurricane_preparedness_for_New_Orleans

  • Darwin

    Oh right I wasn’t aware of that. Makes sense, thanks for the clarification!

  • the1truecoolguy

    Darwin – My pleasure! :) I was hoping that Christien, who sometimes comments on this blog and is the only person I “know” from around that area would have had something to say…

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