a portion of the funding, and unless you're looking for handouts, you're dealing with people who are investing business assets, and they have to get a return." In 1997, Athens, Greece was awarded the 2004 Summer Olympics. Along with addressing the shortcomings of its 1996 bid, it was lauded for its efforts to promote the traditional values of the Olympic Games, which some IOC observers felt had been lost due to the over-commercialization of the 1996 Games. However, the 2004 Games heavily relied on public funding and eventually failed to make a profit, which some have claimed contributed to the financial crisis in Greece. The financial struggles faced by many later Games, such as the 2006 Winter Olympics in Turin, Italy and later the 2016 Summer Olympics in Rio de Janeiro, Brazil have led later to more positive re-appraisals of the management of the 1996 Summer Games. Former JPMorgan Chase president (and torchbearer) Kabir Sehgal noted that in contrast to many later Games, the 1996 Summer Olympics were financially viable, had a positive economic impact on the city, and most of the facilities constructed for the Games still see use in the present day. Sehgal contrasted the 1996 Games' "grassroots" effort backed almost entirely by private funding, with the only significant public spending coming from infrastructure associated with the Games, to modern "top-down" bids, instigated by local governments and reliant on taxpayer funding, making them unpopular among citizens who may not necessarily be interested. See also Use of performance-enhancing drugs in the Olympic Games – 1996 Atlanta References External links Official Report of the Centennial Olympic Games, Volume I: Planning and Organizing Digital Archive from the LA84 Foundation of Los Angeles Official Report of the Centennial Olympic Games, Volume II: The Centennial Olympic Games Digital Archive from the LA84 Foundation of Los Angeles Official Report of the Centennial Olympic Games, Volume III: The Competition Results Digital Archive from the LA84 Foundation of Los Angeles 1996 program from GPB about Atlanta and the 1996 Olympic Games, "Fences & Neighborhoods," 1996-06-07, The Walter J. Brown Media Archives & Peabody Awards Collection at the University of Georgia, American Archive of Public Broadcasting Atlanta Summer Games 25th anniversary Coverage from The Atlanta Journal-Constitution Summer Olympics by year Olympic Games in the United States Sports competitions in Atlanta 1996 in Atlanta Olympics Olympics Olympics July 1996 sports events in the United States Summer Olympics Olympic