Posted on 09/19/2011 12:59:20 PM PDT by Maggie Maggie Maggie
A rogue trader at one of the world's largest banks (USA Inc., second in economic power only to China Inc.) has been exposed as the biggest fraudster in the history of mankind. The fraud – conservatively estimated at $38.6 billion, though others believe it could be at least 20 times bigger once his secret trading accounts in a file mysteriously marked "Stimulus Package" are fully investigated – comfortably exceeds the paltry $2.3 billion losses run up by UBS trader Kweku Adoboli.
Though full details of the Uber Rogue Trader – known only by his initials B.O. – have yet to be released, he is believed to be either of Hawaiian or Kenyan birth, with a plausible speaking manner and a deceptive aura of competence and gravitas. He is said to be "coolly unrepentant" about his crime, which, he claims, he was only doing to provide "hope and change" to his 200 million victims.
The fraud appears to have centred around an arcane taxpayer-swindling system first devised by Kenneth Lay of Enron known as "Clean tech" or "green jobs." B.O. – who joined the bank in January 2009 – is believed to have persuaded colleagues and shareholders that he could boost the institution's flagging profits by spending $38.6 billion on a "loan guarantee program" for clean tech start up companies. He also claimed that in the process he would create "65,000 jobs".
(Excerpt) Read more at blogs.telegraph.co.uk ...
Brilliant!
This would deserve a hearty LOLOLOL! except that it is so sad. Do we know if B.O. has any Swiss, or Bahamian, bank accounts like Billary kept?
If I were B O I would bow to you. :)
Thank you for taking the time to post this. We need a good laugh and the best part is it is ALL TRUE
ps I didn’t ‘ get it” until the part about his theft being in a file makred ‘ stimulus”, Those Brits can write
The term he uses for the Marxists pushing this is watermelons.
Watermelons: The Green Movement's True Colors Green on the outside red on the inside.
-All it is, really, is a Marxist exercise in minority grievance-mongering and wealth redistribution on a global scale.
They knew ahead it was going to end up failing but proceeded anyway.
Not just deceptively competent with gravitas, but articulate and bright too, and clean. Of those that have met him, he's a nice-looking guy, a storybook man. This fraudster seems to have befuddled about 45% of his victims without them suspecting a thing; if only they would examine what the remaining content of their bank accounts (as well as their kids) are really worth.
LOL! Here’s betting that most liberals will not get the joke, and will be wondering who he’s talking about.
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