4/10/09

Nun's Say They're Getting Screwed In Dubuque

An order of nuns in Iowa lost more than $1 million on Wall Street because a Massachusetts bank improperly exposed them to risky subprime mortgages, according to a federal lawsuit.

The are 555 members of the Sister's of Charity with the average age being 78. The loss of the million dollars represents 5% of their portfolio. Who said penguins can't make money.

4 comments:

  1. That makes me laugh! Did you know you said that. I am sorry really that they lost money but an order of nuns said they got screwed! I guess they didn't like it!

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  2. They lost 5% of their portfolio and this is supposed to bother me!?!
    I have no job and no retirement and I'm supposed to feel sorry for a group of nuns that still have $19,000,000 left!?!
    No fucking way will feel sorry for them!

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  3. This is but the tip of the iceberg when it comes to the breakdown in fudiciary responsibilties of those entrusted with peoples's money over the last 6 years. Sad isn't it. Just sad what the power of greed can produce.

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  4. Know what you call a cross-dressing nun?

    A Trans-sister...

    19 million divided by 555 = almost $35K each...and that number will increase as each sister reaches heaven...It's like a tontine, the shares of which increase by 60 bucks per nun with the demise of each one of them...

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