Tuesday, October 7, 2008

MGM buys movie rights to Bailout plan for $700 billion


MGM Studios(Metro Goldwyn Mayer) has signed a deal with the US government for the movie rights to the Bailout of Wall Street. The deal is reported to be in the area of $700 billion, the most ever to be paid for the rights to produce a film. Only for the production cost of Universal Pictures' Waterworld(1995 at $2.3 trillion) has Hollywood seen such an outlandish sum of money associated with a film.

"It's a great story and we thought it was worth the investment. We think we got it for a steal quite frankly," said MGM CFO, Kyle Shnantz.

Shnantz said that Hollywood would change the story slightly by adding a science fiction-type monster to the film.

"The bailout story is fantastic, don't get me wrong. But we feel that instead of defaulting loans causing mayhem on the markets there should be some type of eight-legged creature descending on Wall Street and Main Street," said Shnantz.

The studio announced that Kevin Costner has been asked to play the role of a Pennsylvania Amish farmer who travels to Wall Street after discovering he holds the secret to defeating the creature.

The government spent $700 billion on the Bailout plan for Wall Street and so the movie deal will help the government balance the deal. Or will it?

"The deal is great for the American people. This is such great timing. You have know idea how this extra cash will help with our planned air and ground invasion of Iran, Pakistan and ... there's a couple countries I'm forgetting and I don't mean any disrespect to them," said Dennis Ramsey, assistant to the Secretary of State.

Shnantz hopes that the movie will be in theaters by Election day on November 4th.

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