Treasury Secretary: CLAMPETT WITHDRAWAL TRIGGERS MARKET COLLAPSE. MR. DRYSDALE ON SUICIDE WATCH
WASHINGTON, D.C. - U.S. Treasury Secretary Henry Paulson said yesterday that the collapse of financial markets worldwide occurred as a result of the withdrawal of the Clampett fortune from the Beverly Hills Commerce Bank in Beverly Hills, California.
The withdrawal sent shock waves throughout the global economy, sending Lehman Brothers into bankruptcy and triggering the sale of Merrill Lynch to Bank of America.
(Every once in a while, the Carbolic Smog Ball comes through with a good laugh. I sure need one. Click on their link for the full story.)
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