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Thursday, September 2, 2004

the cost of large-scale terror

two stories crossed the ap wires recently, and being the kinda person that synthesizes stuff all the time, they just begged for a little calculation…

last came the news today about the wealth of bin laden and in that the cost of the september 11 attacks.

the attack’s price tag of just $400,000 to $500,000 over two years.

a couple weeks ago, there was a story about the top insurance companies losses, related to an expected double-whammy hurricane action going on in florida, that included this:

Terrorist attack (New York, Virginia, Pennsylvania), September 2001 – $20.7 billion.

that’s a ($20,700,000,000 / $500,000) = 41,400-fold multiplier.

just a comment now that i have a figure on it… you can’t beat that with an army. bush was closer to the truth than maybe even he realized.

posted by roj at 6:09 am