Global markets swooned this week in reaction to photos showing that President-elect Barack Obama had lost his shirt.
The pictures depicting a shirtless Mr. Obama wandering about on a deserted stretch of beach stoked fears that the United States' financial woes were deeper than previously reported.
"We have had a steady drumbeat of bad news about the U.S. economy for weeks now," said Tracy Klugian, global asset analyst for HSBC. "Learning that the president-elect no longer has a shirt to his name was the last thing these markets needed."
In an attempt to calm investors.
Obama press secretary Robert Gibbs said that the president-elect still owned a shirt and denied rumors that Obama had invested funds with Bernie Madoff.
Award-winning humorist, television personality and film actor Andy Borowitz is author of the book "The Republican Playbook." To find out more about Andy Borowitz and read his past columns, visit the Creators Syndicate Web page at www.creators.com.
COPYRIGHT 2008 CREATORS SYNDICATE
