[neverdem]

After Volcker missed the boat with his investigation of the oil-for-food scandal, I don’t lend a lot of credibility to his meanderings.

I didn't read it, so I can't say. What did it have to do with his bailiwick, economics and finance?

[Ben Hecks]

Volcker was appointed to conduct an investigation of the oil-for-food scam but his findings did not expose the true extent of the involvement of several key UN and government officials. Some felt that he had a conflict of interest:

http://www.heritage.org/research/reports/2005/01/the-volcker-oil-for-food-investigation-is-there-a-conflict-of-interest