Will record setting crowds help fuel New Orleans' recovery?

POSTED: Wednesday, February 22, 2012 - 9:52am

UPDATED: Tuesday, March 13, 2012 - 11:31pm

Thousands were celebrating Mardi Gras in New Orleans.

Revelers descended on the city for what is believed to be the best Fat Tuesday since Hurricane Katrina.

The direct impact financially from this year's festival will be close to $200 million, but the party and those profits can't mask lingering problems just across the river.

Most in the Ninth Ward say little has changed in the six years since Katrina.

Instead of floats, banners and beads Mardi Gras here is filled with damage, debris and a since of desperation.

City leaders stress that Mardi Gras serves a vital purpose and that the money is making its way to the hardest hit areas still with work left to do.

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