News, Photos & Videos › Blog › Bailout billions could have saved millions (of lives)
Since 1933, the IRC has provided hope and humanitarian aid to refugees and other victims of oppression and violent conflict around the world.
Recent Posts
The IRC on Twitter
-
RT @So_Jo1: @theIRC's Felix Leger on VOA today t.co/vzvenVNEJ1
May 22, 2013
-
RT @So_Jo1: @theIRC will provide 70,000 liters of clean water daily--enough potable water for 5,000 people a day to drink, cook and bathe #…
May 22, 2013
-
Less than 10 yrs after fleeing Somalia, Amal Kahim Jama & her family became refugees again, in Syria: t.co/wZkmKWqy00 via @AJEnglish
May 22, 2013
-
@IRCPress You've been quoted in my #Storify story "Crisis in Darfur, 10 Years On" t.co/guLOti8F02
May 21, 2013
-
RT @IRCPress: Race against time to aid new #Darfur #refugees in Chad before rains begin: t.co/z6eDBFeR1I
May 21, 2013
VOICES FROM THE FIELDTHE IRC BLOG
Bailout billions could have saved millions (of lives)
Photo: The IRC
When commercial lender CIT filed for bankruptcy earlier this month, American taxpayers lost $2.3 billion to a wasted bailout.
That's a lot of money.
To drive home the point, business writer Lawrence Delevingne asked the International Rescue Committee and some other humanitarian groups how $2.3 billion could have been spent to help out in the developing world.
We crunched some numbers:
- $2.3 billion could buy 378.3 million mosquito nets (@ $6.08 each) to help prevent millions of deaths from malaria worldwide
- $2.3 billion could send 44.2 million girls to school for a year (@ $52 per girl per year)
Read about more missed opportunities in Delevingne's story in The Business Insider, "10 Really Good Things We Could Have Done With The $2.3 Billion We Wasted On CIT."
No comments yet.
Voices From...
Contributors





























Comments
Post new comment