"Iraqi funds, generated mainly from oil revenues, and held in trust by the Federal Reserve, under the terms of a United Nations resolution. The Development Fund for Iraq. Under the best of circumstances, say in a country like this one, in peacetime, keeping track of the ultimate distribution of even one billion is practically impossible. Oversight of twelve billion, in a situation like the one in Iraq? It’s literally impossible, today, to say with any authority exactly where the majority of that money went."