Freddie and Fannie were the luckiest pair in the world because they were rich – very rich.
Freddie and Fannie lived on Wall Street and used to be very good. The nice men in pin stripes and ties would ask them for money and Freddie and Fannie always gave it to them, for houses – big houses, little houses, houses with garages and houses with gardens. Freddie and Fannie were always happy because they helped buy lots and lots of lovely homes for all the boys and girls.
Freddie and Fannie were so popular they had friends from all over the world
– friends from France, friends from India, even friends from Japan. These friends used to give Freddie and Fannie money and everyone was very happy.
But one day the credit crunch monster came along. It seemed that the men in pin stripes and ties had been silly with Freddie and Fannie¹s money, and that had woken the credit crunch monster up and he spread unhappiness and darkness all over the world. The monster was angry with the silly men because they had done their sums all wrong.
All of Freddie and Fannie¹s friends didn¹t like them after that, no one came to tea and no one wanted to play. Even their best richest friends from China and Hong Kong didn¹t want to play with Freddie and Fannie. And the silly men in pin stripes and ties kept asking for money and Freddie and Fannie kept giving them money until they had no money left.
But then Uncle Hank came and saved Freddie and Fannie. Uncle Hank was a very heroic man and he told the stupid cowboy king to give Freddie and Fannie all the money they needed so all their friends would come back round to play.
The cowboy king didn¹t understand, but him and his grey fat friend wanted all the boys and girls in the lovely houses to be his friend for at least four more years, so he gave clever Uncle Hank the money.
On the other side of the pond in a Kingdom far away from Wall Street lived Mr Brown. Mr Brown was a grizzly old king with one eye and only one friend, a silly little man called Alistair. Old Mr Brown the king and Alistair didn¹t like the credit crunch monster because he had made all the people unhappy in the little Kingdom. The people of the Kingdom wanted the pair to be as brave as the famous Uncle Hank they had heard all about, Uncle Hank who had helped Freddie and Fannie and had beaten the horrible credit crunch monster.
But King Brown was old and tired, and wasn¹t as brave as Uncle Hank. The people of the kingdom wanted a new king with new friends, so they could get rid of the credit crunch monster and have lovely houses with gardens and lovely houses with garages. But although the one-eyed grizzled king wasn¹t brave, he was cunning and he thought he had duped the people in the Kingdom with some simple magic tricks.
Back at Wall Street Freddie and Fannie were very happy with Uncle Hank. The credit crunch monster was running scared and all the boys and girls were getting lovely houses again. Even the silly men in pin stripes and ties were happy. And they all lived happily ever after.
But the credit crunch monster didn¹t die. He ran to the Kingdom of the old king Mr Brown because there was a lot more money to eat there and no brave Uncle Hank to stop him take all the boys and girls¹ houses. And all the people in the little Kingdom were scared of the credit crunch monster, even more scared than before because they knew they didn¹t have a brave hero like Uncle Hank.