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Baghdad's black hole.(Insider Report)
A briefing paper presented at the Iraq Donor's Conference in Madrid reported that "billions of dollars of oil money" transferred from Iraq's oil industry to the Coalition Provisional Authority (CPA) "has effectively disappeared into a financial black hole." "For all the talk of freedom and democracy for the Iraqi people--before, during and after the war which toppled Saddam Hussein--there is no way of knowing how the vast majority of the money has been spent," declares "Iraq: The Missing Billions," a report ...
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Source: HighBeam Research, Baghdad's black hole.(Insider Report)