Costly Clerical Error Results in European Union Bailing Out “Grease”, the Musical
By Phil Buckridge • May 12th, 2010 • Section: Today's Lead Story
Frankfurt, Germany – Clerical errors continue to wreak havoc across the globe this week. Just days after a clerical error caused the Dow Jones to plummet over 400 points in less than five minutes, a similar error resulted in the European Central Bank giving $100 billion in funds to “Grease”, the musical instead of Greece, the country.
The error, which is undoubtedly the costliest of all time, has left the European Central Bank (ECB) scrambling to find ways to recoup the funds, as being unable to do so would have enormous economic ramifications across Europe.
According to our European sources, ECB president Jean-Claude Trichet has been frantically trying to get in touch with U.S. President Barack Obama to request he intervene and return the money to Europe. However, sources on the good side of the pond have said Obama will most likely avoid the call until it is too late to undo the error.
The clerical error instantly makes “Grease” the highest grossing musical of all-time, pushing it way beyond “Phantom of the Opera”, which previously held the record with a world-wide box office gross of $3.2 billion.
Quite predictably, the cast of “Grease on Broadway” was ecstacic. Former “American Idol” winner Taylor Hicks, who is currently playing “Teen Angel” in the production, told reporters, “To be a part of history is such an amazing feeling. Not even winning ‘American Idol’ can match this. I knew when I took this role that our cast could accomplish this feat.” Hicks also said that he didn’t feel the record was unfairly obtained as, “once word got out about this cast, it would have just been a matter of time. All the error did was speed things up a couple months.”
Also basking in the glow of the new record was actor David Ruffin, who plays Kenickie. Refusing to break character, he told reporters, “It looks like the European Union should have been like me and invested in a 25 cent insurance policy.”
According to Trichet, the ECB has also launched an “internal investigation of epic proportions” to find out who is responsible for the error and why there appears to have been absolutely no double-checking of the recipient before the money was dispensed. He expects to release the investigation’s findings sometime next week.



