In his appearance before a parliamentary panel Ali al-Alaq, the Governor of Iraq’s Central Bank, had to answer several questions about a five-year-old incident at a branch of the Iraq’s Central Bank, the Rafidain Bank. It seems that at the end of 2013, the annual flooding had crept into the vaults of the Rafidain Bank and “destroyed” mountains of dinar bank notes worth seven billion dinars (about six million dollars).
It is lucky that Chicago is not its own country. There is no doubt that my home would be ranked even lower than Iraq. Chicago has a huge public debt to pension funds and other debtorsMichael Flanagan