Because of the lax ways of the Bush Administration in handling Federal aid for Hurricane Katrina, losses due to fraud could top 2 billion dollars, according to Federal and Congressional investigators. This is another example of the incompetence of the Bush Administration and its appointees. Remember when we were told in 2000 that the election of the first President to have a MBA, from Harvard, no less, would bring about good management? Put that right up there with "Misson Accomplished", "compassionate conservatism", and "No Child Left Behind."
You can read an article about this here: http://news.yahoo.com/s/ap/20061225/ap_on_bi_ge/katrina_contracts
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