Kofigate Gets Going - UNscam gets traction

From The New York Times

WASHINGTON — All our July chin-pulling about polls and veeps and C.I.A. missteps has little to do with November's election, which will be decided by unforeseeable events. Instead, let's counter-program, to examine a political corruption story beginning to gain traction that will reach warp speed in hearings and headlines next spring.

At least eight official investigations have begun into the largest financial rip-off in history: preliminary estimates from the G.A.O. point to $10 billion skimmed or kicked back or otherwise stolen in the U.N. dealings with Saddam Hussein.

Seeking to manage the news of the scandal, U.N. Secretary General Kofi Annan appointed former Fed chairman Paul Volcker to head an internal investigation. That seemed to slam the door on U.N. cooperation with truly independent inquiries, but Volcker last week announced that "appropriate memorandums of understanding with a number of official investigatory bodies are in place or in negotiation."
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