Bernanke has a solution

FROM: Dr Ben Bernanke
Central Bank of United States of America
01-658-555-1234

TO: CEO
Lagos, Nigeria

Dear Friend:

I have been requested by the regional members Federal Reserve of the USA to contact you for assistance in resolving a matter. The Federal Reserve of the USA has recently concluded a large number of contracts for credit derivative investment vehicles “CDIV” in the Wall Street region of the USA. The contracts have immediately produced moneys equaling US$40,000,000. The Federal Reserve of the USA is desirous of CDIV in other parts of the world, however, because of certain regulations of the USA Government, it is unable to move these funds to another region.

Your assistance is requested as a non-USA citizen to assist the Federal Reserve of the USA, and also the investment bank community of Wall Street USA, in moving these funds out of USA. If the funds can be transferred to your name, in your Nigerian account, then you can forward the funds as directed by the Federal Reserve of USA. In exchange for your accommodating services, the Federal Reserve of USA would agree to allow you to retain 10%, or Nigerian $4 million of this amount.

However, to be a legitimate transferee of these moneys according to USA law, you must presently be a depositor of at least $100,000 in a USA bank which is regulated by the Central Bank of USA.

If it will be possible for you to assist us, we would be most grateful. We suggest that you meet with us in person in New York, NY USA, and that during your visit I introduce you to the representatives of the Wall Street USA, as well as with certain officials of the Central Bank of USA.

Please call me at your earliest convenience at 18-555-1234. Time is of the essence in this matter; very quickly the USA Government will realize that the Central Bank is maintaining this amount on deposit, and attempt to levy certain depository taxes on it.

Yours truly,

The Esteemed Arch-Chairman

Credit: Barry Ritholtz

About Lance

I want to thank everybody who has encouraged me over the past few years to do this. I doubt it will hold but a few people's interest, but that is okay with me. Special thanks go to Peter over at http://www.liberalcapitalist.com. I value my privacy a great deal, so I will guess you will have to get to know me over time to find out much. I am in the financial services, wealth management, investing or whatever you want to call it business. I have children, my oldest is entering college. I have no great or imposing academic background, my grades varied from high enough to get invited to an honors program at my university to frustrating enough to cause my father great grief. My major was history, with a minor in ethics. My main interest towards the end was in the history of economic ideas before life took a turn and I ended up never going on to graduate school. However, I have a fair knowledge of history, economics, investing and would probably be considered well read. My tastes are eclectic and I pretty much find the entire world interesting. I have an enduring interest in how people learn about and analyze the world; my posts here will examine this topic in detail over time. I make no claims to be above the very biases and errors I see in others, in fact it is my belief that we are incapable of escaping them, only moderating their control over us. I am a member of no political party, but I would broadly consider myself a man of the right. I am inclined to free market economics, limited government and a fairly narrow view of the role of the state. A small L libertarian if you will. However, if you are looking for broad based "the left believes..." or "wingers are so...." types of attacks on liberals, conservatives, neo-cons or whatever enemy you want to slam, look elsewhere. Lance

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Bernanke has a solution

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