Right on Top of Things

Swiss Gov't Freezes Iraq's Bank Assets

"BERN, Switzerland - Switzerland said Wednesday it would freeze all Iraqi government and corporate assets in Swiss banks until the U.N. Security Council determines the rightful owners.

The decision was the government's "answer" to last month's U.S. demand that other countries confiscate frozen Iraqi assets so the money could be used by a postwar Iraqi government, a Foreign Ministry statement said."

Gee, thanks guys. Thanks for really stepping up to the plate when we needed ya...good thing you didn't do this a couple days after the war started, or Saddam wouldn't have had any time at all to pull everything out of the accounts.

Talk about closing the barn door after the horse's ass has escaped...