. . . Thursday October 27, 2005

The “They’re All Bads” Have It

So who misbehaved when it comes to the UN Oil for Food Program?

Uh, gotta few minutes?

More than 4,500 companies took part in the United Nations oil-for-food program and more than half of them paid illegal surcharges and kickbacks to Saddam Hussein, according to the independent committee investigating the program.

The country with the most companies involved in the program was Russia, followed by France, the committee says in a report to be released Thursday. The inquiry was led by Paul A. Volcker, former chairman of the Federal Reserve Board.

Oil and human nature. The world’s most slippery slope.

More on the Oil for Food story from these top sources

Concentration is important!