Omygosh, I just remembered this - FRAUD and stuff
I was listening to NPR yesterday and they had a feature on the SBA (that's Small Business Administration, duh). It seems that the SBA guaranteed a ton of loans in the wake of the 9/11 attacks intended to be for businesses that were adversely affected by the attack. Thing is, an audit was done of the loans. They pulled 59 random applications and they found that NINE (9) and ONLY 9 had any verifiable link to the 9/11 attacks. In other words, they could only verify that 9 of the 59 were adversely affected by the attacks. The other 50 had absolutely no evidence whatsoever in the applications. Okay, well, maybe they didn't write it all down... No, they interviews 42 of those who recieved loans guaranteed by the SBA intended for those affected by the attacks. Only 2 of interviewed even had any idea that their loans were in any way tied to the attacks... So, the statement from the SBA is that it's not their fault. They are understaffed to evaluate the merits of the applica...