The new Iraqi government would be fully justified in repudiating these debts, which would provide a sobering and useful lesson about the financial hazards of doing business with brutal dictators.
Look for this story to start being bigger news as soon as the UN aid for oil deal expires. No way should the people of Iraq have to pay back money owed by Saddam.
4 posted on 04/11/2003 7:10:15 AM PDT by WaveThatFlag