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"Oil For Food' Or "Oil For Terror'?(ISSUES & INSIGHTS)(EDITORIALS)(Editorial)

Publication: Investor's Business Daily

Publication Date: 16-NOV-04
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COPYRIGHT 2004 Investor's Business Daily, Inc.

Iraq: Saddam Hussein's United Nations take is now pegged at more than $20 billion. And don't think all this loot went into palaces and gold-plated plumbing.

The United Nation's corrupt oil-for-food program, already on the record books as history's most expensive scandal, just keeps getting bigger.

Congressional investigators now figure that Saddam Hussein's regime made more than $21.3 billion from oil-for-food through surcharges, kickbacks, oil smuggling, front companies and other scams.

The new estimate, provided to the Senate Committee on Government Affairs,...

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