One less den of sex 'n drugs
It's hard to even keep track of the sex scandals--was that a governor or a senator? Which state? But one of the best of last year was in the even more boring Interior Department--the sex, cocaine and corruption-fest at the federal oil Royalty-In-Kind program. An investigation found that employees ran wild with the oil guys they're supposed to oversee. (Guess they did see them all over.) It won't happen again, though, because the new Interior Department is getting rid of the whole program.
Before we get to the cleanup by Interior Secretary Ken Salazar, here's my favorite punchline from the Inspector General's report that brought the fun to a halt: "Sexual relationships with prohibited sources cannot, by definition, be arms-length."
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That so-called deep-water royalty relief has robbed the public treasury of about $10 billion, and, according to a 2006 GAO report, will cost tens of billions more unless the hole is plugged (again with the oil companies raging against any fix)
The rest.
Source: Oil Watchdog
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