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Wall Street bailout = Nigerian e-mail scam

September 23, 2008 at 1:36 pm by Andisheh Nouraee in News

Many have called the White House’s proposed $700 billion Wall Street bailout a giant rip-off.

Few have done as succinctly and as cleverly as Paula at Blog For Democracy:

From: Minister of the Treasury Paulson

Subject: REQUEST FOR URGENT CONFIDENTIAL BUSINESS RELATIONSHIP

Dear American:

I need to ask you to support an urgent secret business relationship with a transfer of funds of great magnitude.

I am Ministry of the Treasury of the Republic of America. My country has had crisis that has caused the need for large transfer of funds of 800 billion dollars US. If you would assist me in this transfer, it would be most profitable to you.

I am working with Mr. Phil Gram, lobbyist for UBS, who will be my replacement as Ministry of the Treasury in January. As a Senator, you may know him as the leader of the American banking deregulation movement in the 1990s. This transactin is 100% safe. . .

Read the rest of the letter.

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2 Responses to “Wall Street bailout = Nigerian e-mail scam”

  1. LaPopessa Says:

    That is great. Thanks for sharing.

  2. Paula Says:

    I’d love to take credit for this, but several versions have been popping up all over the internets without authorship (just like the real scam letters). I just copied and pasted.

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