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Top bank job

Frazer D Thrutbut has a been appointed as Chairman of the US Federal Reserve. This came as a shock both to the outgoing Fed Chair who had no intention of leaving and to Mr Thrutbut who was previously a shoe salesman with really no interest in economic matters.

It was time for a radical rethink of how we run the economy, said a US Treasury spokesman. We figured randomly appointing members of the public to senior positions couldn't make things any worse.

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