Goldman Sachs To Sell Celebrity Death Derivatives
Wednesday, June 23rd, 2010Capitalizing on the recent spate of celebrity deaths, investment banking giant and close relatives of Satan Goldman Sachs began marketing their new Celebrity Death Derivatives portfolio of products late last week in a multi-million dollar print and online campaign. The campaign, running on popular financial publications such as Forbes and The Motley Fool, promotes the new products, which allow investors to trade futures and swaps on upcoming celebrity deaths. ”We make most of our money lying and cheating,” said Goldman CEO Lloyd Blankfein, “so dealing in death seemed like a logical progression. Now we can trick our clients into making virtually impossible bets on which celebrities will kick the bucket next. And since celebrities tend to die in groups of 3-5, we can bundle these up like so many credit default swaps and sell them to the next sucker down the line. Or an unsuspecting government like Greece.”