Activity rose sharply this past week in subprime sectors of Culture Industry markets. The spike, fueled by bids on Poetry Foundation (PoFo, Inc.) offerings, followed news that Henry Bienen has been appointed PoFo President. Bienen, who has served as a consultant to the State Department, the National Security Council, the Agency for International Development, the CIA, the World Bank, and Boeing, brings a world of useful experience to PoFo, Inc.

Bienen could not be reached for comment, but unofficial sources say he has plans to whip the Foundation into shape, beginning with the transformation of their $22,000,000 building into dual use as a bank during weekday working hours, a cost saving measure sure to please Poetry investors and predicted, in 2011, by poet J.H. Prynne. Confirming his passion for poetry, in a 2015 interview, Beinen stated categorically, “I can’t say I read 10 poems before I go to sleep.”

After last year’s appointment of Richard P. Kiphart as board chair, investor confidence in PoFo, Inc. has risen steadily. Kiphart’s experience as a general partner and head of equity trading at Chicago-based investment firm William Blair & Company, where he had previously served as head of corporate finance, indicate that PoFo, Inc. is serious in its plans to cut the fat at its aging Poetry Production Facilities and institute a new era of Poetry Efficiencies. Kiphart has also promised to increase PoFo’s profitability by adding to its equity holdings in the Great Philadelphia Poetry Warehouse.

Other sources, who requested anonymity, have suggested the unexpected, dramatic uptick in Po-stock values is a result of irrational market behavior by “Left-poet investors. A similar quirky uptick occurred with PoFo instruments following revelations that John Barr, the investment banker and former President of PoFo who was hired with the backing of then U.S. Poet Laureate Robert Pinsky, had a strong history with the Enron-related energy deregulation scandals of the 80s and 90s and was well known for his insistence that “the mind is a marketplace.”

In other activity related to Culture Industry markets, trading was unexceptional and indexes remained flat.