CAPITALISM'S ACHILLES HEEL Dirty Money and How to

398 NOTES
148. Susan Sachs, “Hussein’s Regime Skimmed Billions from Aid Program,”
New York Times, February 29, 2004.
149. “BP and Exxon Buy Cargoes of Iraqi Crude Oil,” Alexander’s Gas &
Oil Connections, vol. 6, no. 3, February 8, 2001, www.gasandoil
.com/goc/company/cnm10682.htm.
150. Coalition for International Justice, “Sources of Revenue for Saddam &
Sons,” 44–45.
151. Ibid., 48. Also, Transcisco Industries’ 10-K filing with the U.S. Securities
and Exchange Commission, July 1, 1996.
152. Coalition for International Justice, “Sources of Revenue for Saddam &
Sons,” 48. Also, Steven Lee Myers, “UN Concludes, Fining Shell, that
Tanker Carried Iraq Oil, New York Times, April 26, 2000. Royal
Dutch/Shell “agreed to pay the fine, even though its officials had not
been shown evidence proving the oil was Iraqi . . .”
153. U.S. General Accounting Office, Weapons of Mass Destruction: U.N.
Confronts Significant Challenges in Implementing Sanctions against Iraq,
report to the Honorable Tom Harkin, U.S. Senate, GAO-02-625,
May 2002, 7.
154. U.S. General Accounting Office, United Nations: Observations on the
Management and Oversight of the Oil for Food Program, statement of
Joseph A. Christoff, Director, International Affairs and Trade, testimony
before the Committee on International Relations, House of
Representatives, GAO-04-730T, April 28, 2004, 2.
155. Defense Contract Audit Agency and Defense Contract Management
Agency, Report on the Pricing Evaluation of Contracts Awarded under the
Iraq Oil for Food Program (Washington, D.C.: September 12, 2003), 3.
156. United Nations, Independent Inquiry Committee into the United Nations
Oil-for-Food Programme Interim Report, February 3, 2005.
157. Timothy L. O’Brien, “Lockboxes, Iraqi Loot and a Trail to the Fed,”
New York Times, June 6, 2004, www.nytimes.com/.
158. Thomas C. Baxter, Jr., “Oversight of the Extended Custodial Inventory
Program,” testimony before the Committee on Banking, Housing,
and Urban Affairs, U.S. Senate, May 20, 2004, www.newyorkfed
.org/newsevents/speeches/2004/bax040520.html.
159. Sachs, “Hussein’s Regime Skimmed Billions from Aid Program.”
160. Interview by the author with an Indian businessman, New Delhi, India,
not for attribution.