Godlike Productions - Discussion Forum
Users Online Now: 1,259 (Who's On?)Visitors Today: 25,936
Pageviews Today: 42,246Threads Today: 14Posts Today: 280
12:30 AM

Back to Forum
Back to Forum
Back to Thread
Back to Thread
Subject Businessman To Donate $7.5M For Washington Monument Repairs - David Rubenstein
User Name
Font color:  Font:

In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
Original Message The billionaire co-founder of Carlyle Group private equity company is donating $7.5 million to restore the Washington Monument, which has been closed since it was damaged by an earthquake in August.

David Rubenstein, a former policy adviser to President Jimmy Carter, plugged the project's funding gap, matching Congress, which has allocated $7.5 million to repair the monument, the Trust for the National Mall said in a statement on Thursday.

Rubenstein, who is chairman of the John F. Kennedy Center for the Performing Arts and a regent of the Smithsonian Institute, decided to help repair the monument after it was damaged by a rare 5.8 magnitude earthquake on August 23. It has been closed to the public since.

The monument, a 555-foot obelisk built in 1884 to commemorate the first U.S. president, George Washington, was left with several cracked and chipped stones. The damage includes six large cracks through its marble exterior, making its structure "extremely vulnerable," officials said.

(Reporting by Greg Roumeliotis in New York; Editing by Bill Trott)

[link to news.yahoo.com]
Pictures (click to insert)
 | Next Page >>