Examines federal financial response to 11 September 2001: the airline rescue fund compensation for victims, emergency room in New York and Washington, and terrorism reinsurance. Less than two weeks after the attack, the government has nearly $ 40 billion to the release of the victims and protect the economy. Just over a year later, these measures have been combined to create a federal terrorism reinsurance program, originally proposed by the White House in October 2001. At first glance, the federal financial response to September 11 was puzzling. A large scale attacks to weaken the country's commitment to the principles of non-intervention? Or traditional attitudes toward government economic intervention in the United States more difficult than the phrase "non-interference" (or "free market") should be? Explores the appropriate role of the state in managing the risks and consequences of natural disasters, and then asks students to consider whether each of the various initiatives - and the program as a whole -. Was a success or a failure of the "Hide
by David Moss, Sarah Brennan Source: Harvard Business School 20 pages. Publication Date: March 27, 2003. Prod. #: 703041-PDF-ENG
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