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Politics : PRESIDENT GEORGE W. BUSH
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To: American Spirit who wrote (386300)4/5/2003 2:56:29 PM
From: Jerrel Peters  Read Replies (1) of 769667
 
Putting Saddam's Billions to Work

The U.S. is eager to keep Saddam Hussein's billions out of the mitts of
globalist European bureaucrats and instead put it in the hands of Iraq's new
government.

Saddam's fortune is estimated at some $8-10 billion. As it turns out, some of
Saddam's stolen cash was funneled into a front company that owns - you
guessed it - a hefty chunk of one of France's largest media companies.

American officials hope a tribunal will stave off court battles in dozens of
countries to fork over Saddam's accounts, funded by smuggling of oil and
cigarettes, BusinessWeek magazine reports.
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