Just in: Iraq confirms Islamic Militants looted $429 million from Mosul banks, making them richer than some small countries – @WilliamsJon

— ABC News (@ABC) June 11, 2014

With the seizure yesterday of Mosul came the jailbreaks and the looting. According to ABC News, ISIS or “Islamic States of Iraq” an Al Qaeda affiliate now possesses over $400 million in cash which they looted from Mosul banks. This looting now makes ISIS richer than some small countries in the region.

The capture of Mosul also puts a number of advanced weapons given to Iraqi security forces in the region by the United States firmly in the hands of the enemy. It also means that Al Qaeda for the first time control part of a control and has a very large supply of cash and weapons.

Good thing the war is over right?