01/27/2009 05:12 am ET Updated May 25, 2011

Wall Street May Have Burned Us, But The Joke's On Them

DID you hear the one about the stockbroker who's been sleeping like a baby? Every hour, he wakes up and cries.

That was before he read that Somali pirates were issuing a new ransom-backed security to buy Citigroup. Moody's rated it AAA, Henry M. Paulson Jr. deemed the pirates "fundamentally sound," and Bernard L. Madoff will safeguard the returns.

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