Tuesday, February 06, 2007

That's a Ton of Money -- Uh, er...363 Tons

Ever wonder how much $4 billion in cash weighs?

Try 363 tons.

That much money, in US bills, was stacked on pallets and loaded onto US military planes and flown into Iraq just before the US turned over control to the new Iraqi government. And that money was only two of many shipments of currency to Iraq.

The story came from Representatives looking into how Washington's been spending money in Iraq.

The shuttling of bills made the possibility of theft and embezzlement possible. The Special Inspector General for Iraq Reconstruction reported in 2005 that $8.8 billion sent to Iraqi ministries could not be accounted for. (CNN)

No comments: