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(Undated-AP) -- Quite a find by two Army sergeants in Iraq.

The Los Angeles Times says they stumbled across U-S cash -- mountains of it -- in a Baghdad neighborhood where senior Baath party and Republican Guard officials once lived.

Searches have turned up an estimated 650 (m) million dollars. According to the newspaper, an Army private who said he had worked for an armored car company examined the bills and called them genuine.

Meanwhile, the Marines have been guarding what's left of Iraqi banks hit by looters armed with acetylene torches and rocket-propelled grenades.

The troops may be guarding as much as a (b) billion dollars in valuables -- including gold artifacts from the National Museum.

One sergeant says, "Fort Knox doesn't have security like this."

(Copyright 2003 by The Associated Press. All Rights Reserved.)

Date published: 4/19/2003

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