Noteworthy:
"Several years ago, according to a participant who requested anonymity, some of Santa's elves were contacted by representatives from Bear Stearns and Lehman Brothers, who persuaded the elves of the benefits of an elaborate scheme of Christmas-list securitization.
As outlined to the elves, the idea worked like this. Brokers would break each item on the Christmas lists into separate pieces and repackage the requests as securities, using a formula known as a 'benevolence diffusion algorithm.' This would guarantee happiness for everybody in the world on Christmas morning. No one would lose."
Wow!
That plan can't fail, can it?
Looks foolproof to me,
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