IOC Should Reimburse Rio for Its Valiant but Financially Disastrous Efforts

– Forbes

“If you break it, you own it” is a placard that is commonly seen at souvenir shops and that expresses a simple ethical precept. That precept should apply to the International Olympic Committee, which made the financially disastrous choice of Rio for the 2016 Olympics. The IOC knew or should have known that Rio was, as has proved to be the case, highly unlikely to be capable of hosting a solvent Olympics.

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