"Those deficiencies were so significant that we were precluded from accomplishing our stated objectives," the auditors said of U.S. officials in Hillah being unable to account for $97 million of the $120 million in Iraqi oil revenues earmarked for rebuilding
projects." - from the article posted above.

The worst I have heard is that Halliburton is serving contaminated water.

So much for re-building. Most of the money went to security.

For this the Iraqis are supposed to be grateful.

So what if they have no water or electricity. They have U.S. style democracy.