Olympic Games have very checkered financial histories. The games in Los Angeles were a huge financial success thanks to top-quality management. Atlanta made some money, though a lot of taxpayer money was spent on infrastructure improvements. Salt Lake City would have collapsed completely had it not been for Mitt Romney.
If Chicago gets the games, I've got to believe it will be a huge disaster. Given the incompetent and corrupt political leadership in that town, they'll be lucky if they can pull it off without bankrupting the city.
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