Billionaire Makes Monumental Donation After Quake
STEVE INSKEEP, HOST:
And today's last word is a monumental donation. You'll recall that the Washington Monument was damaged in August after an earthquake here in Washington. Congress committed seven and a half million dollars to fix it, but expected the public to commit seven and a half million more. It turns out the public will be exactly one person. Billionaire David Rubenstein co-founded and directs the private equity firm The Carlyle Group.
The Washington Post reports he called up the National Park Service and said: you got a cracked monument. How can I help? The official announcement of his seven and a half million dollar donation will be made later today. He explains that donation by saying he's a history buff.
That's the business news on MORNING EDITION from NPR News. I'm Steve Inskeep.
RENEE MONTAGNE, HOST:
And I'm Renee Montagne.
NPR transcripts are created on a rush deadline by Verb8tm, Inc., an NPR contractor, and produced using a proprietary transcription process developed with NPR. This text may not be in its final form and may be updated or revised in the future. Accuracy and availability may vary. The authoritative record of NPR’s programming is the audio record.