What goes up, must come down

U.S. Files First Criminal Charges Against Contractors in Iraq
Bloomberg
November 17, 2005

The U.S. Justice Department filed the first criminal charges against a contractor receiving Iraq reconstruction contracts, according to court documents.

Philip H. Bloom, 65, funneled at least $693,000 in bribes and kickbacks through bank accounts in Iraq, Switzerland, Romania and the Netherlands in the year through January 2005, according to the documents filed yesterday. The money then went to at least two unnamed U.S. government officials and their spouses in exchange for reconstruction work valued at over $3.5 million, the documents show. [...]

Bloom's firms did business as Global Business Group, GBG Holdings and GBG-Logistics Division, the affidavit said.

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It'll be interesting to see the fall out from this story. Too bad congress didn't demand accountability from the DoD until the 3rd supplemental. Republicans should be ashamed of themselves for having played party politics first rather than protecting American's tax dollars.

Look it up if you don't believe me. The Republicans voted twice, as a block, against accountability. They have no business calling themselves the party of "fiscal responsibility" until they clean this mess up.