Whenever there is some global catastrophe, we break out the checkbook, sending a donation to the Red Cross. Whether it’s an earthquake in Haiti or a tsunami in Japan, many people’s natural inclination is to send money to one of world’s best-known charities.
Superstorm Sandy hit the Northeast U.S. in October 2012, devastating parts of New Jersey and New York. It did damage up and down the eastern seaboard. According to the National Oceanic and Atmospheric Administration (NOAA), the total property damage amounted to $65 billion.
Americans are especially generous following natural disasters. They sent $312 million in donations to the American Red Cross after the storm. Unfortunately, the charity hasn’t been very forthcoming in how it spent that money. It seems to be stonewalling ProPublica, which has been writing about how post-Sandy money has been spent. Continues here