Rosett on the Oil-for-Palaces Program...

Only a small amount of the graft has been uncovered...

Mr. Volcker's latest report, after more than a year of investigation, is the first from his team to document actual bribes. It covers a grand total of $1.1 million in graft and runs to 130 pages, annexes included. If that ratio holds for the billions grafted, skimmed and smuggled out of Iraq relief funds under the U.N. cover of Oil for Food, we can expect that the final two reports, promised in September and October, will run to well over 1.5 million pages combined. No one is seriously expecting anything that massive, but it does give some idea of the scale of corruption with which the U.N. under Oil for Food became complicit. And it perhaps gives a hint of the scope of reform that will truly be required to clean up the U.N.