The Post is Toast! NY Fishwrap gets scooped by bloggers...

And is about to get embarrased by bloggers, or at least one of them. It was good of the Post to pick up on this story, 3 days after Phog Blog ran it, but they'd better get their facts straight.

The story (linked above, contains the following line):

Her parents were so proud of their daughter's achievement, they forked over $2 billion to the University of Missouri for a new stadium - and demanded it be named in her honor.

$2 BILLION?The gift was $25 million. That's still a lot, but the Post was off by 8000% on the size of the gift.

Philanthropy.com (yes, I'm serious about this link) provides a few more details about the gift:

WILLIAM J. AND NANCY WALTON LAURIE $25-million: University of Missouri The Lauries' donation, which will go to help build a new basketball arena, was announced in 2000 as a pledge from an anonymous donor. In 2001, when the funds were transferred to the university, the Lauries stepped forward to acknowledge their gift. Mr. Laurie, 50, owns Paige Sports Entertainment, in St. Louis, which owns the St. Louis Blues hockey club and Savvis Center, where the Blues play. Mrs. Laurie, 50, is the daughter of Bud Walton, a co-founder of Wal-Mart.

This is all old news. My question is where the Post came up with the $2 BILLION figure. Using their math, there are 23 billion people in the United States alone. This reminds me of a college paper my friend once read which stated, without any references, that "there are billions of poor people in Cuba." $2 Billion. Just think what a trainwreck Mizzou would be with the corruptive power of $2 Billion...what with the root of all evil and all...

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