What’s the subject of life – to get rich? All of those fellows out there getting rich could be dancing around the real subject of life.
—Paul Volcker
Then it got corrupted with a capital C when Saddam figured out how to make money off of it by putting on the surcharges and kickbacks,
must be broadly shared, starting, we believe, with member states and the Security Council itself.
The responses range from absolute denial to complete admittance, … Some said, ‘We had no knowledge of it’ – that’s a pretty standard response – and some said, ‘If we paid it, we don’t know...
If you don’t have some bad loans you are not in business.
There was no doubt that there were difficulties with the Security Council, hampering action on some reports of smuggling and kickbacks,
The cumulative impact of this is pretty impressive, … Somebody should have stood up and said, ‘Enough.’ But they didn’t, so it ended up being much more controversial than it should have been considering that...
We have found no corruption by the secretary general, … his behavior has not been exonerated by any stretch of the imagination.
Everybody down the line kept very meticulous records because Saddam told them, ‘You get the surcharge from everybody,’ … So they all wanted to document how they got the surcharge.
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