Investment Banking 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 the farmer drove up and said,'Sorry, Chuck, 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 went and spent it already.'
Chuck said, 'OK, then, just bring me the dead donkey.'
The farmer asked, 'What ya gonna do with a dead donkey?'
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 apieceand made a profit of $998.00.'
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 on Wall Street. - Author Unkown
Labels: American Humor, Fixing Wall Street, Investment Banking
posted by Papamoka at
3:27 PM
5 Comments:
This was just plain hilarious. I am sending it on to my econ. buddies at the high school.
Glad I found your blog.
Thanks
Come back for the serious stuff too Del. We would love to hear your feed back on it too!
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There is no need to invest much at first. You may start to get income with as small sum of money as 20-100 dollars.
AimTrust is what you need
AimTrust incorporates an offshore structure with advanced asset management technologies in production and delivery of pipes for oil and gas.
It is based in Panama with structures around the world.
Do you want to become really rich in short time?
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I`m happy and lucky, I started to get real money with the help of this company,
and I invite you to do the same. It`s all about how to choose a correct companion utilizes your money in a right way - that`s it!.
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