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A "Saturday Night Live" skit that skewered President Bush, Democrats, homebuyers and subprime lenders for their roles in the mortgage meltdown was removed from the program's website because it "didn't meet out standards," a spokesman for the show said Tuesday. An edited version of the skit will be re-posted online soon, the spokesman said.
The skit, a parody of a C-SPAN news conference, ridiculed subprime borrowers, housing speculators and Herb and Marion Sandler, the real-life couple who built Golden West Financial into a subprime lending powerhouse and sold it to Wachovia before the subprime collapse. At one point in the skit, the Herb Sandler character says he made $24 billion off the subprime boom. Graphics then appear labeling the Sandlers as "People who should be shot."
"Upon review, we caught certain elements in the sketch that didn't meet our standards," a spokesman for the program said in an e-mail message today. "We took it down and made some minor changes, and it will be back online soon."
Conservative blogger Michele Malkin, who called the skit "hilarious, dead-on, and surprisingly honest," reports that the Sandlers, prominent donors to liberal causes, were "seething over the skit" before it was removed from the "SNL" website.