Audit says FEMA squandering Katrina aid
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The government is squandering tens of millions of dollars in Hurricane Katrina disaster aid, in some cases doling out housing payments to people living rent-free, investigators said Wednesday.
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Internal audits conducted by the United Nations of its oil-for-food program revealed lapses in U.N. oversight that allowed contractors to overcharge by hundreds of thousands of dollars, according to copies obtained by The Associated Press.
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Thousands of people paying mortgages are unaware of the risk to their homes posed by missed payments,  a charity says.
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Overwhelmed volunteers, inflexible attitudes and inadequate anti-fraud measures are among the many shortcomings acknowledged by the American Red Cross in a candid and comprehensive new report assessing its response to Hurricane Katrina.
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The Federal Emergency Management Agency has yet to shake its poor reputation, more than two years after its mishandling of Hurricane Katrina, a poll shows.
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In November, a judge gave hope to homeowners trying to collect insurance money for flood damage caused by Hurricane Katrina. Now, that decision is under scrutiny.
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In post-Katrina Louisiana, the politics of the storm can overshadow even a bribery investigation.
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Louisiana has distributed less than $2 billion in federal aid to communities hit by Hurricane Katrina, drawing complaints from some New Orleans officials that the state is slowing their recovery.
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Nearly eight months after it was hired by the state, a consulting company in charge of dispensing billions in federal aid to people whose homes were damaged by Hurricanes Katrina and Rita has received 101,000 applications but handed out fewer than 300 grants.
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The Gulf Coast&#039;s hurricane protection system was overwhelmed by Katrina because it was built disjointedly using outdated data, according to an Army Corps of Engineers report released Thursday.
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Delta Air Lines DAL.N said on  Wednesday its auditors have expressed doubt about the airline's  financial viability.
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The head of the U.S. Army Corps of Engineers conceded Saturday that despite aggressive efforts to repair the levee system in New Orleans after Hurricane Katrina, it was unclear whether the it could hold up to a sizable hurricane this year.
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Some say the oil industry played a role in hurricane Katrina, a $135 billion disaster
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The U.S. government is at risk of squandering significantly more money in an Iraq war and reconstruction effort that has already wasted or otherwise overcharged taxpayers billions of dollars, federal investigators said Thursday.
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Those trailers the Federal Emergency Management Agency bought to house Hurricane Katrina victims were at the center of the storm again yesterday -- and not in a way that's going to make folks at the beleaguered agency any happier.
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No less than a half-dozen reports on the Hurricane Katrina recovery effort are being released to coincide with the one-year anniversary of the storm &#151; and nearly all criticize the sluggish pace of the response.
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A federal judge yesterday called the Bush administration's handling of a Hurricane Katrina housing program "a legal disaster" and ordered officials to explain a computer system that can neither precisely count evacuees nor provide reasons they were denied aid.