Saudi Arabia Announces Bankruptcy

Funny story written by Philbert of Macadamia

Thursday, 18 December 2008

image for Saudi Arabia Announces Bankruptcy
Achmed bin Madoff

Ryder Saudi Arabia: Newspapers here are reporting that Sheik Achmed bin Madoff, the Saudi Arabian Finance Minister, said today that "the Kingdom will be declaring bankruptcy. We expect our American friends in the US Congress to bail us out with short term multi-billion dollar loans, as the Kingdom has always had a special relationship with the USA at the gas pumps."

The Finance Minister also indicated that the King was very upset with him over this turn of events, as all the Kingdom's Royal Family funds had been placed with Bernard L. Madoff Investment Securities LLC. I told him "that I thought Cousin Bernie was a very reliable chap." The King also wanted to know who this Ponzi fellow was!

The Finance Minister than introduced his replacement, picked up a shovel and headed off to his new job as the Royal Stable Keeper where he will be mucking out stalls.

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

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