Monday, January 31, 2005

Did Arthur Andersen Handle the Books?

Paul Bremer's provisional authority somehow managed to lose about nine billion dollars in the course of their administration in Iraq.

Bremer himself got worked all into a huff and fired off an angry letter, asserting, among other things, that the auditor's report "assumes that Western-style budgeting and accounting procedures could be immediately and fully implemented in the midst of a war."

Well, I'm glad Bremer admits he was running the country during a war. I was under the impression that major combat operations ended May 1, 2003.

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