Financing Katrina

Hurricane Katrina, that hit Louisiana in the late August, proved to be a disaster on many levels. Apart from the human tragedy and suffering of thousands of people, who lost their homes and families, material goods and any sense of security, federal government and state officials lost their credibility; people lost their trust in them. As Jack Welch, former CEO and chairman of GE put it, probably only Mother Nature was spared from the overall …

…United States, every company, every individual is offering donations and special gifts to the victims of Hurricane Katrina. Similar to the attack of 9/11, as unfortunate and devastating this disaster was, it has brought Americans closer together than ever before working cooperatively for a single cause; to aid the victims. It is truly amazing to see what the nation can accomplish when every person is working for the same goal offering each other a helping hand.