Someone else much earlier in this thread put it best (too lazy to look for the particular post): pro-olympics partisans will spin the financials to make it look like a great idea, and anti-olympics skeptics will spin the financials to make it look like a disastrously bad idea. The truth is somewhere in between.
That said, if I'm honest, I think the truth is much closer to "disastrously bad idea"...
One man's $1.562B of "Legacy Investments" is another man's "
long-term liabilities".