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Monday, October 01, 2007

Incredible greed, as Texas Oil Billionaire pleads guilty to Iraq oil for food bribery.

Breaking news from Bloomberg Reports:

"Texas billionaire Oscar Wyatt faces as much as two years in prison after pleading guilty to paying an illegal kickback to the regime of late Iraqi leader Saddam Hussein in exchange for the right to purchase oil."

Read about the oil for food program, the investigation, and, the indictment.

No word yet on whether Mr. Incredible Greed is connected to any political families from Texas or Wyoming.

The case is U.S. v. Chalmers, 05-CR-59, U.S. District Court, Southern District of New York (Manhattan).

Incredible GREED indeed.

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