Terrorism, as one Treasury official noted, is “not a rich man’s sport.”
An analysis of some of the most notable attacks show that al-Qaida and others it has inspired have spent between $5,000 and $500,000 to carry out the attacks. Although the numbers in most cases is an approximation—and may not include all costs, such as training—they serve as an indicator of how little is needed to get the world’s attention.
Michael Sheehan, the former counterterrorism director for the New York Police Department, says the department has long been guided by a “4 x 10” rule – “10 men + 10 weeks + $10,000 = 10,000-pound bomb.”
This summary bears out the rule.
— 1993 – World Trade Center, New York – approximately $31,000 to cover the costs of bomb components, rentals of the garage used to assemble the bomb and storage lockers for components, telephone calls to and from the Middle East, and plane tickets for travel to and from the United States. Six dead.
— 1998 – U.S Embassy Attacks, Nairobi, Kenya and Dar es Salaam, Tanzania – less than $50,000 on bomb parts, rooms at a seedy downtown hotel, where the bombing was planned, and on an expensive suburban villa where the bomb was put together as well as satellite phones and laptops. 241 dead.
— 2000 – USS Cole, Aden, Yemen -- $5,000 to $10,000 to cover the cost of explosives, and inflatable boats as well as a camera to record the event. 17 dead.
— 2001 – September 11 attacks, New York and Washington -- $400,000 to $500,000 spent primarily for flight training, travel, and living expenses (such as housing, food, cars, and auto insurance). 2,975 dead.
— 2002 – Nightclub bombings, Bali, Indonesia -- $75,000 to $80,000 spent on explosives and living expenses for the bombers as well as for vehicles used to transport the bombs. Al-Qaida provided the bulk of the funding. 202 dead.
— 2003 – Attacks on two Jewish synagogues, British consulate and HSBC banking offices, Istanbul, Turkey -- $50,000 again spent primarily on the bomb and bombers, but also on vehicles and training suicide bombers. Also financed primarily by al-Qaida’s central operations. 57 dead.
— 2004 – Commuter train bombings, Madrid -- $10,000 mainly to purchase bomb components, rent safe houses and purchase cell phone detonators. 191 dead.
— 2005 – Underground Attacks, London – No more than $14,000, mostly for bomb components as well as travel and training. 53 dead.
Sources: United Nations, Central Intelligence Agency, US Department of Justice, 9-11 Commission.
Cf. http://www.msnbc.msn.com/id/27644191/