Zing! This strip's foray into contemporary economic humor certainly lays the lash to Bear Stearns investors. Ziggy stands by ineptly, like a gorilla with a terrible credit rating.
Judging by the fruity cursive of the word "and", this bespectacled official must have had quite a segue planned between the first and second halves of his sentence, before finally deciding that his operation was already shot to hell and it was time to disclose that his company has been neglecting FDIC regulations. I guess when you're destined for the slammer a bit of gallows humor can't hurt.
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