Friday, November 21, 2008

Somali Pirates in Discussions to Acquire Citigroup

Globe and Mail : November 20

"The Somali pirates, renegade Somalis known for hijacking ships for ransom in the Gulf of Aden, are negotiating a purchase of Citigroup.
The pirates would buy Citigroup with new debt and their existing cash stockpiles, earned most recently from hijacking numerous ships, including most recently a $200
million Saudi Arabian oil tanker. The Somali pirates are offering up to $0.10 per share for Citigroup, pirate spokesman Sugule Ali said earlier today. The negotiations have entered the final stage, Ali said.
"You may not like our price, but we are not in the business of paying for things. Be happy we are in the mood to offer the shareholders anything," said Ali.


*WILL REQUIRE ALL CITI EMPLOYEES TO WEAR PATCH OVER ONE EYE

Oh sure, yuck it up, G&M, when there are much more serious matters at stake.

How, for instance, is this sudden rise in the number of pirates going to affect the global average temperature?



Didn't think about that, did you?
Arrrgh, maties. RAmen.

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