UPDATE: At a pivotal moment in the nation’s history, America’s newest Deputy Treasury Secretary, Bat Boy, was nowhere to be found. This revelation sent shockwaves through the market and Washington D.C. on Monday.

Where was Bat Boy? He had scurried off to see his favorite band, Vampire Weekend, play a secret show in Brooklyn on Saturday night. He watched and devoured mosquitoes while the nation burned.

09/29/08
The lower house of the U.S. Congress has voted down the rescue plan to bail out Wall Street. Henry Paulson has called on Bat Boy to persuade those in the House of Representatives who rejected it to move the plan forward.

Bat Boy seemed confident that a bounty of mosquitoes and his collection of bird skulls will do the trick.

09/25/08 – A financial crisis has been averted!

WASHINGTON, DC – Henry Paulson has proposed Bat Boy to be Deputy Treasury Secretary of the U.S. Treasury. The Senate is understandably skeptical of this recommendation.

“I mean, people are saying Sarah Palin isn’t qualified enough to be Vice-President, and she’s a governor! This bailout boy lives in a cave!”, exclaimed an unnamed Senator. He wished to remain anonymous, for fear of mutant backlash.

Paulson’s reasoning?

While experimenting in his cave, Bat Boy discovered a rare form of guano left by his fellow bats. This peak guano is such an effective form of alternative energy, the government will be able to sell it as an oil -alternative domestically and abroad for a tidy profit, thus covering the $1 trillion dollar cost of bailing out the financial system.

Paulson also stated, “Bailout Boy will not require lavish executive pay or even a hefty bonus. Bat Boy has asked to be compensated entirely in mosquitoes–an abundant commodity that we are happy to be unloading at this time.”

Bat Boy was spotted last night in Louisville, Kentucky, taking in a Vampire Weekend performance!

Concertgoers are reporting that he slipped past security using a disguise, consisting of skinny jeans and an  “Ithaca is Gorges” t-shirt.

Bat Boy squeaked and squealed along to Vampire Weekend’s Upper West Side Soweto beats. After the show, he snuck backstage and showed his appreciation to the band by bringing them mosquitoes to devour.