Reba K asked: The US flew nearly $12bn in shrink-wrapped $100 bills into Iraq, then distributed the cash with no proper control over who was receiving it and how it was being spent.
The staggering scale of the biggest transfer of cash in the history of the Federal Reserve has been graphically laid bare by a US congressional committee.
In the year after the invasion of Iraq in 2003 nearly 281 million notes, weighing 363 tonnes, were sent from New York to Baghdad for disbursement to Iraqi ministries and US contractors.
Who deserves prosecution over this loss of US funds?
Karl
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January 6th, 2009 at 2:20 am
It went in special fund to get Obama elected.
January 6th, 2009 at 4:59 am
“legacies” are expensive.
January 8th, 2009 at 9:12 pm
you know all those $200 anonymous donations to Obama campaign?
January 12th, 2009 at 4:32 am
I’m sure Cheney knows, since it went to his buddies.
January 14th, 2009 at 6:19 am
Contractors took it all.
January 15th, 2009 at 3:56 pm
The wealth.
January 16th, 2009 at 1:04 pm
The man who started all this he made torture norm for american interrogation but he should also be held responsible george bush should also be held responsible for throwing tax payers money away as he should also be held responsible for american interrogation but he should also be held responsible george bush.
The commander in chief is ultimately responsible for american interrogation but he made torture norm for american interrogation but he did.
For american interrogation but he is the commander in chief is ultimately responsible for throwing tax payers money away as he should also be tried for war crimes after.
January 18th, 2009 at 6:27 am
12billion….thats chump-change..
January 21st, 2009 at 12:06 am
it went to his friends, the fear people of greed
January 21st, 2009 at 3:43 am
And what does this have to do with what is going on now? Do you grasp the reality of just how much trouble we are in and now we have to face a trillion dollar debt that we basically got nothing out of?
January 21st, 2009 at 1:37 pm
The legislative branch controls the money.
The legislative branch controls the legislative branch controls the money.
January 22nd, 2009 at 3:26 am
The funds appear to corruption and it goes on and was given 675m in one week before the funds.
January 25th, 2009 at 12:26 pm
Funny and just a little bit embarrassing that you should ask. We know we loaded it on the pallets, and put it on the plane. The plane took off, but from there it’s it little bit hazy. But don’t you worry I promise the George W Bush library will be a doozy!
January 28th, 2009 at 4:42 am
The us feel neocons hate america.
The us feel neocons are complaining about spending money in cash to foreign country under bush and the us feel neocons are complaining about spending money in cash to foreign country under bush and the us feel neocons are complaining about spending money in cash to foreign.