Thursday, July 12, 2007

The surge is working: another benchmark achieved

International Herald Tribune:Guards steal $282 million from a bank in Baghdad
BAGHDAD: In an astonishing heist, guards at a bank here made off with more than a quarter-billion dollars on Wednesday, according to an official at the Interior Ministry.

The robbery, of $282 million from the Dar Es Salaam bank, a private financial institution, raised more questions than it answered, and officials were tight-lipped about the crime. The local police said two guards engineered the robbery, but an official at the Interior Ministry said three guards were involved.

Both confirmed that the stolen money was in American dollars, not Iraqi dinars. It was unclear why the bank had that much money on hand in dollars, or how the robbers managed to move such a large amount without being detected.

When we stand down, they steal our wallets. At least incompetence is not pervasive; it just goes in the wrong direction.

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