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September 22, 2008
WASHINGTON: The federal "bailout" of now-broke Fannie Mae and
Freddie Mac mortgage holding companies, once feared as a
huge financial boondoggle, appears to be solved.
An email addressed to "Miss Fannie Mae" from Nigeria reveals the
fortunate news that a deposed Prince needs "her" help in transferring
"16.3 TRILLION AMERICAN DOLLARS" from a bank in Yelwa, Nigeria
to a new account, preferably in New York City, in exchange for
10% of the total amount.
"The timing on this is just incredible," said I. M. "Gully" Bull,
semi-vice-president of Fannie Mae office supplies. "It will
leave us with more than enough to cover our losses, and I'm
sure we can scrape up this '$10,000 filing fee' mentioned in
the letter."
"And to think, only yesterday, our executives were thinking about
jumping off the top of our main office building without their
golden parachutes. Now we'll be back to golden showers!"
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