The Sky's the Limit

If you want to find out how to make a bundle in the new Iraq, stroll into Manhal Said's pizzeria on Baghdad's 14th Ramadan Street. Behind the counter, two chefs serve up authentic Italian-style pies topped with beef sausage, mushrooms and eggplant, baked to perfection in a wood-fired brick oven. With its hungry clientele of foreign journalists, diplomats, aid workers and American soldiers, the pizzeria alone would make Said one of the city's most prosperous small businessmen. But that's not where the real money is.

The day after Baghdad fell, Said, 38, bought a few satellite-TV...

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