Senior Correspondent Exclusive

What has the U.S. achieved by pumping $60 billion — an average of $625,000 every hour — into Iraq to fix what the American invasion 10 years ago had broken?

Not all that much, according to the Special Inspector General for Iraq Reconstruction. The biggest American reconstruction project since the post-World War II Marshall plan was crippled by bad planning, fraud, corruption and outright theft.

Here’s a rare piece of good news on the international fight against crime: on the high seas, the good guys are winning.