The real looting was not by the residents of the slums, said one US businessman in Iraq since 2003. Robert Stein, Jr., a US comptroller, was convicted of fraud and money laundering. He was appointed by Bush to be the South-Central Iraq comptroller.
Stein had a picture taken of himself standing in front of pallets filled with US$57.8 million in Iraq. US military officers are also being investigated. Though $125 billion was invested, the only cranes seen in Baghdad are at the US Embassy.
Republicans were given important jobs despite a lack of experience. The connected Republican put in charge of the stock exchange had to close it because he failed to renew its lease. Facilities paid for were never started or finished by contractors.