Trader Posted March 8, 2009 Share Posted March 8, 2009 The Banking Crisis Explained Young Chuck moved to Texas and bought a donkey from a farmer for $100. The farmer agreed to deliver the donkey the next day. The next day he drove up and said, 'Sorry son, but I have some bad news--the donkey died.' Chuck replied, 'Well, then just give me my money back.' The farmer said, 'Can't do that. I spent it already.' Chuck said, 'OK, then, just bring me the dead donkey.' The farmer asked, 'What ya gonna do with him? Chuck said, 'I'm going to raffle him off.' The farmer said 'You can't raffle off a dead donkey!' Chuck said, 'Sure I can. Watch me. I just won't tell anybody he's dead.' A month later, the farmer met up with Chuck and asked, 'What happened with that dead donkey?' Chuck said, 'I raffled him off. I sold 500 tickets at two dollars apiece and made a profit of $898.00.' The farmer said, 'Didn't anyone complain?' Chuck said, 'Just the guy who won. So I gave him his two dollars back.' Chuck now works for Goldman Sachs. Link to comment Share on other sites More sharing options...
Canus Chinookus Posted March 8, 2009 Share Posted March 8, 2009 All good stuff, but the last one is what makes me the most angry. Link to comment Share on other sites More sharing options...
mrlupin Posted March 8, 2009 Share Posted March 8, 2009 nationalization? Link to comment Share on other sites More sharing options...
mrlupin Posted March 8, 2009 Share Posted March 8, 2009 The bailout package... Link to comment Share on other sites More sharing options...
mrlupin Posted March 8, 2009 Share Posted March 8, 2009 Economy.... Link to comment Share on other sites More sharing options...
LongTimer V Posted March 8, 2009 Share Posted March 8, 2009 The only people afraid with Nationalization are the shysters who got the world in this mess Funny how that happens http://en.wikipedia.org/wiki/Shyster Link to comment Share on other sites More sharing options...
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