Feds Investigate How Bank Does Business

Tampa, FL – The FBI has opened a probe into trading losses at JPMorgan Chase, stepping up the pressure on the bank after the US Securities and Exchange Commission and the Federal Reserve said they were also looking into the wrong-way bets that led to the losses.

“It’s our duty to investigate this bank,” said an agent. “It’s illegal to take risks with money, it’s illegal to hedge your bets with insurance and it’s illegal to take on risky loans. What? It’s not. Are you sure? Really?” He pointed to the hogtied executives and shouted, “you’re free to go” before running out of the boardroom.

“Weeeeeee!” shouted a banker as he slid down a spiral golden slide into an Olympic pool filled with hundred dollar bills and scantily clad women. “We only lost a fraction of the money we made selling crappy loans! We’re still richer than anyone can dream! Come on, girls, let’s do a line of pure gold. It’ll stay in your bloodstream until you die!”

The FDIC called the probe “stupid”, “dude, it’s not a loss. We can just print more money. That’s the point of insurance” and “no, we haven’t though this through. Why should we worry about China’s problem. Oh, believe us, it’s their problem now.”

“Technically, it’s my money,” said an American taxpayer. “I mean, I paid to bail them out, so I should have a say in how they conduct their business. You might say I hold some sort of ‘stock’ in what they do.” He cleared his throat before adding, “so, can I have a say? Umm, you shouldn’t say no until I finish the- okay, stop saying no. Stop.”

Kodak Stockholders Threaten Mutually Assured Nuclear Destruction

Buffalo, NY – The Kodak Eastman had a small nuclear research reactor in a little-known underground labyrinth at its Rochester facility. “They had one,” said FBI agent Gribs. “As of right now we’re trying to locate the whereabouts of said reactor.” He stared into the icy north before adding, “right now we suspect those Canadian bastards stole it. Our worst fears are coming true.” “And ...

US Recession Inevitable, Unpreventable, Gross

New York, NY – An analyst from the Economic Cycle Research Institute says that the US was “tipping back into recession. And there’s nothing that policy makers can do to head it off.” “If one man says we’re going to have a recession, then we’re going to have a recession,” said a Fed Banker. “There’s no way we can stop every American from causing a ...

Post Office Begrudgingly Does Their Job

Washington DC – The financially struggling US Postal Service sought to tamp down concern over wide-scale cuts, revealing it will seek to keep thousands of rural post offices open with shorter hours. “Fine, we’ll deliver mail to people who aren’t in cities,” said a Post office official. “Ugh, you guys are really making it difficult ...

We’re Legally Obligated To Tell You The Economy Has Failed

Washington DC – The US economy generated fewer jobs than expected in April, but the unemployment rate dipped slightly and data from prior months was revised upward, painting a murky picture of labor market conditions. “Like we said a few days ago: things are bad,” said a top US economist to the press corp. “We ...

Government Claims Teens Are Lazier

Washington DC – According to the Bureau of Labor Statistics, only about twenty percent of work eligible teens are currently are working, a drop of ten percentage points from just five years ago. “We need more labor,” said a Labor Department official. “Hell, if we could round up all these kids and work them until ...

Texas Taxes The Internet

Austin, TX – Online retailer Amazon reached an agreement with Texas officials to settle a sales tax dispute by expanding operations in the state and starting to collect sales taxes. “It was easy,” commented a top Texan Congressman. “All we had to do was challenge their manhood, threaten them with physical violence and then buy ...

Economy Is Doing Well, Horrible

Washington DC – The US economy grew at a slower pace in the first quarter of 2012, increasing concerns about the health of the recovery. “We’re confident that this is just as small, temporary setback,” said a sweaty Federal Bank official to the press corp. “Our manipulation of the dollar is working and everyone should ...