Here Are the 7 Biggest Financial Disasters in Modern Olympic History — Fortune

In 1984, Los Angeles did something unusual: it hosted the Olympics and turned a profit. The Games generated a surplus of more than $200 million, something no other host city had done since 1932–the only other time Los Angeles hosted the Olympics. Other cities have been unable to copy L.A.’s model of success because the…

via Here Are the 7 Biggest Financial Disasters in Modern Olympic History — Fortune