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Wednesday, October 3, 2012

Greece Learns Nothing, Dumps $37 Million Into Formula One Racetrack

Greek cost-cutting measures include $4.9 million taken out of pensions and another $1.4 million in salary reductions. Apparently that doesn't mean much to the Greek officials who agreed to dump nearly $40 million into building a racetrack for a league that has neither a team nor a driver from Greece.

READ THE ORIGINAL POST AT www.forbes.com