Cash distributions from the back of pickup trucks. Paying contractors $2M in cash in duffel bags. Hundreds of thousands just stolen. $500M for "TBD." Most lost to corruption and waste. This is awesome. But no worries - this was Iraqi money.
Money quote (pun intended):
Bremer's financial adviser, retired Admiral David Oliver, is even more direct. The memorandum quotes an interview with the BBC World Service. Asked what had happened to the $8.8bn he replied: "I have no idea. I can't tell you whether or not the money went to the right things or didn't - nor do I actually think it's important."
Q: "But the fact is billions of dollars have disappeared without trace."
Oliver: "Of their money. Billions of dollars of their money, yeah I understand. I'm saying what difference does it make?"