Baghdad’s Missing Billions Rediscovered

Fight disinformation: Sign up for the free Mother Jones Daily newsletter and follow the news that matters.


CPAcash.gif

After former CPA head Paul Bremer got grilled by Henry Waxman yesterday, the press has rediscovered the story of the billions of dollars in reconstruction money that went missing during the heady days after the fall of Baghdad. In particular, it’s glommed onto the nifty fact that the U.S. government shipped 363 tons of Benjamins (and maybe some Ulysseses, too) to Iraq—much of which was spread around like play money. In his defense, Bremer explained, “We were in the middle of a war, working in very difficult conditions, and we had to move quickly to get this Iraqi money working for the Iraqi people.” Apparently democracy is a lot easier to export than standard accounting practices.

The revealing tale of the cash airlift isn’t new, however—we wrote about it in September 2005. It’s good to see it being picked up again, though. And it gives me an excuse to post this great photo of CPA officials giddily posing with $2 million in cash, which was given to the security contractor Custer Battles, which was accused ofdefrauding the government.

Update: Post amended in light of Custer Battles’ fraud conviction being overturned later today.

A BETTER WAY TO DO THIS?

We have an ambitious $350,000 online fundraising goal this month and we can't afford to come up short. But when a reader recently asked how being a nonprofit makes Mother Jones different from other news organizations, we realized we needed to lay this out better: Because "in absolutely every way" is essentially the answer.

So we tried to explain why your year-end donations are so essential, and we'd like your help refining our pitch about what make Mother Jones valuable and worth reading to you.

We'd also like your support of our journalism with a year-end donation if you can right now—all online gifts will be doubled until we hit our $350,000 goal thanks to an incredibly generous donor's matching gift pledge.

payment methods

A BETTER WAY TO DO THIS?

We have an ambitious $350,000 online fundraising goal this month and we can't afford to come up short. But when a reader recently asked how being a nonprofit makes Mother Jones different from other news organizations, we realized we needed to lay this out better: Because "in absolutely every way" is essentially the answer.

So we tried to explain why your year-end donations are so essential, and we'd like your help refining our pitch about what make Mother Jones valuable and worth reading to you.

We'd also like your support of our journalism with a year-end donation if you can right now—all online gifts will be doubled until we hit our $350,000 goal thanks to an incredibly generous donor's matching gift pledge.

payment methods

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate