Satan’s Sinergies

by User Submitted

Submitted by reader MGW

The vatican has issued a new list of seven deadly sins. The updated sins include:

  1. “Bioethical” violations such as birth control
  2. “Morally dubious” experiments such as stem cell research
  3. Drug abuse
  4. Polluting the environment
  5. Contributing to widening divide between rich and poor
  6. Excessive wealth
  7. Creating poverty

Recommendation: The publication of these new sins has led us to upgrade all of the firms listed in Satan’s Portfolio to date from “Yes” to “Double Down”. As these firms surely commit at least one of these new sins, we expect they will realize significant previously unbudgeted “sinergies”, boosting valuations across the whole class.

Also, we are downgrading Wall Street firms to “Manual” down from “Spit” in light of the fact that they appear to be reformed sinners, the kind which have no place in Satan’s portfolio. Though they once “contributed to the widening divide between rich and poor” and created both “excessive wealth” (think Stephen Schwarzman) while also “creating poverty” (think everything they do to other people who aren’t either them or Stephen Schwarzman), their recent sub-prime losses have resulted in them actually narrowing the divide between rich and poor while destroying a whole lot of excessive wealth.

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