Believe me, I'm as frustrated as anyone with the UN "charades". Paybacks can be a "Hillary" if you get my drift. ;-) We need to see just what all the ties were between Saddam and these major powers opposing us, especially France. As I said in another post, it is stunning to see the lengths to which they are willing to go to hinder our effort. They are now lobbying Turkey, Jordan, and Saudi Arabia to not give us use of airspace, bases, etc. If it is discovered that they have been/are directly assisting Saddam, such as sharing intelligence, expect to see your scenario played out for starters.
Why do you think we played the U.N. game for six months?
If this turns out to be the case (as I frankly believe it might), we would have almost no choice but to freeze all French-owned assets in the United States as security for reparations and the cost of the war, in addition to declaring all French military and diplomatic personnel in the US persona non grata and giving them their passports.
At the very least now, we should forbid any French ownership in defense related industries, forbid all mlitary sales to France, and embargo high technology exports to France.