[ HT Blog for Our Future ]
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 went and 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 a piece 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 Morgan Stanley in their OTC Default Derivative Department.
Saturday, March 14, 2009
Wall Street and Dead Donkeys
Subscribe to:
Post Comments (Atom)
Posts
7 comments:
I think I should get into the donkey derivatives market.
J
Fantastic post, Ninja.
Can we get it tattoed on Paulson's bald head?
After that, can we have him water-boarded?
Great work, my good man.
Thanks!
LMFAO!!! Good one! need a good laugh on Sunday before the races start.
The season of the mule-skinner.
$2 * 500 - 2 = $998 not $898, unless of course that is what got them into trouble.
Anon at 8:34...
He paid the farmer $100. $1000 - cost of donkey - $2 = $898 profit.
Back to 2nd grade for you!!!
Thanks for sharing such an interesting post with us. You have made some valuable points which are very useful for all readers
Post a Comment