Simo the Great and Terrible (simo) wrote,
Simo the Great and Terrible
simo

Arrr!

*SOMALI PIRATES IN DISCUSSION TO ACQUIRE CITIBANK*

"The pirates will finance part of the purchase by selling new Pirate Ransom Backed Securities. The PRBS's are backed by the cash flows from future ransom payments from hijackings in the Gulf of Aden. Moody's and S&P have already issued their top investment grade ratings for the PRBS's."
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