Ian Pike noon, Dec. 5
Blog Satirist Says Paulson's Plan for Wall St. Bailout Resembles Nigerian Letter
The political blog Daily Kos today (Sept. 24) picks up a delicious piece of satire originally printed in another blog, boingboing. Treasury Secretary Hank Paulson's outrageous scheme for bailing out Wall St. from years of an addiction to gambling with borrowed money reminds the writer of a Nigerian scam letter. Here it is, in part, with all its bad grammar, misspellings, etc.: "Dear American: I need to ask you to support an urgent secret business relationship with a transfer of funds of great magnitude. I am Ministry of the Treasury of the Republic of America. My country has had crisis that has caused the need for large transfer of funds of 800 billion dollars US. If you would assist me in this transfer, it would be most profitable to you. I am working with Mr. Phil Gram, lobbyist for UBS, who will be my replacement as Ministry of the Treasury in January. As a Senator, you may know him as the leader of the American banking deregulation movement in the 1990s This transaction is 100% safe. This is a matter of great urgency. We need a blank check...My family lawyer advised me that I should look for a reliable and trustworthy person who will act as a next of kin so the funds can be transferred. Please reply with all of your bank account, IRA and college fund account numbers and those of your children and grandchidren to email@example.com...Yours Faithfully Minister of Treasury Paulson."