The Collaborative International Dictionary of English v.0.48:

Satirize \Sat"ir*ize\, v. t. [imp. & p. p. Satirized; p. pr. &
   vb. n. Satirizing.] [Cf. F. satiriser.]
   To make the object of satire; to attack with satire; to
   censure with keenness or severe sarcasm.
   [1913 Webster]

         It is as hard to satirize well a man of distinguished
         vices, as to praise well a man of distinguished
         virtues.                                 --Swift.
   [1913 Webster]

WordNet (r) 3.0 (2006):

satirize
    v 1: ridicule with satire; "The writer satirized the
         politician's proposal" [syn: satirize, satirise,
         lampoon]