February 3, 2005

AUSTIN BAY IS ALL OVER THE VOLCKER REPORT: Bottom line: “This is damning. It’s clear Oil For Food was a corrupt mess, that it was used by Saddam’s regime, and that very senior UN leaders benefited from the corruption. Oil For Food boss Benon Sevan has been publicly fingered.”

What’s more, it’s likely to be the tip of the iceberg, as internal investigations usually don’t get all the way to the real dirt.

UPDATE: Mark Coffey says it’s the Thornburgh Report all over again. Yeah.

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