$9 Billion Missing From Iraq Funds

moe.ron · #1 01-31-2005, 02:38 PM

Quote:

WASHINGTON (CNN) -- Nearly $9 billion of money spent on Iraqi reconstruction is unaccounted for because of inefficiencies and bad management, according to a watchdog report published Sunday.

Link to the Article

PhiPsiRuss · #2 01-31-2005, 02:51 PM

Quote:

The money came from revenues from the United Nations' former oil-for-food program, oil sales and seized assets -- all Iraqi money. The audit did not examine the use of U.S. funds appropriated for reconstruction.

Interesting.

DeltAlum · #3 01-31-2005, 03:08 PM

A $Billion here, a $Billion there -- Pretty soon, you're talking some real money!

I wonder if Halliburton has an accounting arm. I'm sure they could figure it out for us.

RUgreek · #4 01-31-2005, 04:30 PM

Quote:

Originally posted by DeltAlum
A $Billion here, a $Billion there -- Pretty soon, you're talking some real money!

You and I hold VERY different checking accounts if this isn't real money yet.

DeltAlum · #5 02-02-2005, 10:02 AM

Quote:

Originally posted by RUgreek
You and I hold VERY different checking accounts if this isn't real money yet.

I just don't want "W" and the boys asking me to write a check to bail them out in the long run. I've got enough trouble keeping my fleet of personal business jets and yachts clean.

Not.