Although that number will probably come down to 1 quadrillion for the settlement. You gotta start high when negotiating…
NEW ORLEANS – Hurricane Katrina’s victims have put a price tag on their suffering and it is staggering â€” including one plaintiff seeking the unlikely sum of $3 quadrillion.
A whopping $3,014,170,389,176,410 is the dollar figure so far sought from some of the largest claims filed against the federal government over damage from the failure of levees and flood walls following the Aug. 29, 2005, hurricane.
Of roughly 489,000 total claims, the U.S. Army Corps of Engineers said it has received 247 for at least $1 billion apiece, including the one for $3 quadrillion.
“That’s the mother of all high numbers,” said Loren Scott, a Baton Rouge-based economist.
For the sake of perspective: A mere $1 quadrillion would dwarf the U.S. gross domestic product, which Scott said was $13.2 trillion in 2007. A stack of one quadrillion pennies would reach Saturn.