Written by Sal Manella
Print this

Friday, 18 May 2007

image for World Bank Suspends Bounce Protection for U.S.
No more overdraft coverage for U.S.

Paul Wolfowitz, the outgoing president of the World Bank, announced today that bounce protection for the United States is being suspended immediately.

Apparently the United States has missed a critical deadline for depositing funds into the account to cover the overdraft. Wolfowitz stated that with the reckless spending of the current administration in Washington, the World Bank can no longer offer this service. "It is all a matter of risk management", said Wolfowitz. "The United States is just too much of a credit risk at this point in time."

Wolfowitz indicated that the World Bank may take legal action to recover the outstanding balance if the United States does not settle the account in a timely manner.

Sal Manella
Economic Affairs Correspondent

Make Sal Manella's day - give this story five thumbs-up (there's no need to register, the thumbs are just down there!)

The story above is a satire or parody. It is entirely fictitious.

Do you dream of being a comedy news writer? Click here to be a writer!

More by this writer

View Story
View Story
View Story
View Story
View Story
View Story


Mailing List

Get Spoof News in your email inbox!


What's 4 multiplied by 5?

2 23 20 8
47 readers are online right now!

Go to top

We use cookies to give you the best experience, this includes cookies from third party websites and advertisers.

Continue ? Find out more