Iraq Could Produce Another Enron

December 2, 2003 | Common Dreams |

Senior Fellow Nomi Prins delves into the shady accounting of major U.S. defense contractors operating in Iraq.

Although the amount of public money circling Iraq is staggering, there is no way to even trace it. Therefore, whether it's being spent wisely and methodically, whether projected revenues are on target or realistic, and whether cash is leaking out around the edges remain a total mystery.