5 Biggest financial disasters in Olympic history

#2 Atlanta Olympics - 1996

Park after Blast

Nothing could be worse than an extremist group which has decided to kill the innocent spectators just to convey their message. This incident would have been far worse if the legendary guard Richard Jewel had not observed an unattended bag in Centennial Olympics Park, which had 40 pounds pipe bomb in it.

His quick response to the bag alerted the local police and started the evacuation. Two people died after the blast and injured more than 100 people. This was the second time when Olympics events had been under the attack of the terrorists.

Later an American domestic terrorist 'Eric Rudolph' was convicted who was fanatically driven by his anti-abortion and anti-gay emotions before the blasts and sentenced life imprisonment without any parole. It again raised the questions on the security norms followed by the International Olympic Committee as no-one wants to gamble the life of the athletes.