Joe Doe/WASHINGTON/Oblivious Fantasy Herald/ -- Federal prosecutors this week announced that they have reached a plea agreement with unnamed CEOs involved in recent business scandals relating to Enron and WorldCom. The CEOs will give documents and testimony to convict an as yet unnamed institution of several cases of criminal fraud. In exchange, the individuals will be given 10 years in a federal prison.

Prosecutors were asked the reason for the secrecy surrounding the name of the institution.

Federal prosecutor, Barbara Puncher, responded saying,” This secrecy is necessary to protect the lives and freedom of the Congressmen, I mean.... this institution is tremendously powerful...it has enough money and man power to silence these men... if it found out it was being investigated there is no telling what it might do...."

According to anonymous sources close to the case, this institution is guilty of stunning amounts of criminal fraud, mismanagement and incompetence as well as pork barelling, stamp collecting and check overdrafts.

According to independent and verified sources, this institution has a 50% greater deficit than previously recorded in the current fiscal year going from $106 billion to $165 billion.

Different unnamed sources say that the year before this the same institution said it had a profit of about $127 billion. However, that should have been reported as a deficit of $515 billion under current accounting regulations. This discrepancy was a result of he institution not accounting for expenses as they are incurred, but only when payment is made.

The institution also managed to lose $17.5 billion through negligence, overspending and leaving unmarked cash lying about where it can be picked up by special interest groups. The unnamed source said the institution also has a massive Ponzi scheme, (retirement program) which will siphon off untold amounts of money in the future from unsuspecting people.

Federal Prosecutor Puncher was asked the validity of these facts. She responded by saying, "I can't comment on the specifics of an ongoing case...however, I can say that if these charges are true this will be the largest case of fraud and corruption to date in American history."