Clinton and Bono say crisis no excuse to ignore poverty | WHAT REALLY HAPPENED


Clinton and Bono say crisis no excuse to ignore poverty

The U.S. financial crisis making global waves is no excuse for governments and companies to walk away from helping the world's poor, former U.S. President Bill Clinton and rocker Bono said on Wednesday.

As Congress debates a White House-proposed $700 billion bailout for the worst financial crisis since the Depression of the 1930s, Bono questioned why wealthy countries had not been able to come up with enough aid for the world's problems.

"It is extraordinary to me that you can find $700 billion to save Wall Street and the entire G8 can't find $25 billion to save 25,000 children who die every day of preventable treatable disease and hunger," the U2 lead singer told Clinton's fourth annual philanthropic summit in New York. "That's mad, that is mad."

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