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wall street, bail out, ken lay, henry paulson, hank paulson, bob marley, haile selassie

The Cayman Islands formally thanked the United States for the first installment of the $350 billion Wall Street bailout.

"Just about all that money ended up in our banks, Mon," said king of the Caymen Islands and president of the Third National Bank of Post Office Box 7, Haile Ken Lay Selassie.

The Cayman Islands are notorious for their secret bank accounts used to escape individual and corporate taxes and launder drug money to make it available to banks and Wall St.

"We got about $348 billion. Hank Paulson, and the AIG and the Goldman Sachs, or whoever those guys are, they said they need the other two for shipping and handling--shipping coke and handling male prostitutes that do that nasty shit they like from their fraternity initiations. Mon, those guys are fucked up, but they make us so rich, we don't know what to do with all the money. I got a solid gold bidet to wash the shit off me ass so I don't even have to wipe myself. Even my paperboy, he drive a Rolls Royce, and our homeless can afford to hire advertising companies to beg for them."

The bailout money will be used to actually expand the land mass of the Cayman Island. "We gonna bale up that bale out money and throw it in the ocean to make the island bigger, so we put some more PO boxes on it."

The King of the Cayman Islands bears a striking resemblance to Enron CEO Ken Lay who died suddenly after being sentenced to prison for his business practices. Some suspected he faked his death and was hiding out in one of the corporate-criminal friendly states like Seychelles, Saudi Arabia, or the Cayman Islands.

"Mon, I aint no Ken Lay, I got some white in me, so maybe we are cousins or some shit like that. But I'm no way Ken Lay with a bad dreadlock wig and dyed skin."

What makes the resemblance even more odd is that the king's middle name is "Ken Lay."

He has a quick explanation for that. "Look, how am going to know when someone is talking to me when half the people in the islands is named Haile Selassie or Bob Marley something? So I put my real name in the middle so people still call me "Kenny Boy,"or the "Easy Lay," but no feds can find me with the Selassie, not that they are looking so hard with my friend the Lucky Tard as president."

As president of the Third National Bank of Post Office Box 7, the king is thought to have stewardship of 90% of the money that disappeared from the collapse of Enron, 70% of the money from the S& L crisis in the 80's, and the majority of the heroin income from Afghanistan and coca income from Columbia.

"I don't know why anyone would want to be a CEO of some fancy business in the US and have to wear a tie and all that shit," the king said. "I make a lot more money here smoking blunts in me flip flops and driving me golf cart to collect the checks from the mailboxes every day. Even club fed wouldn't have been this nice."

Originally posted to Professor Smartass on Wed Dec 31, 2008 at 07:37 PM PST.


Where did the first half of the bail out money go?

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Comment Preferences

  •  Where? (1+ / 0-)
    Recommended by:

    By Peter Eavis, Fortune writer
    September 20 2007: 5:46 PM EDT

    NEW YORK (Fortune) -- It is one of the most stunning bets Wall Street has seen in decades.

    As the credit markets fell apart over the summer, causing the prices of hundreds of billions of dollars of mortgage-backed bonds to plunge, Goldman Sachs (Charts, Fortune 500) had already positioned itself so that it would profit massively from a decline in those securities. Thursday, Goldman reported earnings for its fiscal third quarter that were far above expectations.

    I read tonight in our local newspaper GS shorted its own product..

    Think Tank. "A place where people are paid to think by the makers of tanks" Naomi Klein.

    by ohcanada on Wed Dec 31, 2008 at 08:30:01 PM PST

  •  FAIL. (1+ / 0-)
    Recommended by:
    Professor Smartass

    The Cayman Islands doesn't have a King. It is a British Overseas Territory, so the Head of State is Queen Elizabeth II.

    I realize you were attempting snark, but I don't think it was fully realized. YMMV.

    "Troll-be-gone...apply directly to the asshole. Troll-be-gone...apply directly to the asshole."

    by homogenius on Wed Dec 31, 2008 at 10:26:09 PM PST

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