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Old 06-14-2006   #7
tim
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Join Date: Oct 2005
Location: Mondovi, Wi
Posts: 1,326
Re: FEMA Cash Gone Wild

That is pathetic. I could understand a few non-essential items being purchased but spending like that is rediculous.

I liked this part.
Quote:
Originally Posted by CNN.com
The GAO also found that FEMA lost track of 750 debit cards, worth a total of $1.5 million.

After inquiries from the GAO, FEMA recovered about half of that money, which had not been distributed by JPMorgan Chase, the bank hired to run the program. But the agency still cannot account for 381 cards, worth about $760,000 total, which JPMorgan Chase says it distributed, according to the GAO.
What a waste. And 16% of claims were invalid Nearly 1 BILLION dollars worth. What a crock of shit.
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