AN AMERICAN CORPORATION
You have two cows.
You mortgage both of them to the bank & obtain investment for two more cows,
Then re-mortgage the investment the four cows for eight cows and continue to do likewise,
The financial market was flooding with mortgages & investments in cow's assets,
No one knows where & who owned the original 2 cow's ...... ?
Then these 2 original cows grew old & eventually died,
You are surprised when there's No Asset to back up the mortgage or repay the loan ???
Finally, You ask the govt to bail out the collapse financial cow's market!
A MALAYSIAN CORPORATION
You have two cows.
You signed a 40-year contract to supply milk at RM0.06 per litre.
Then midway through, you raised the price to RM0.60 or you cut the supply.
When the buyer agrees to the new price, you change your mind again and now want RM1.20.
The buyer decided you can keep the milk and they go look for milk that comes from recycled cows or the cow urine instead..
Your two cows retire together with the Prime Minister.
A SINGAPOREAN CORPORATION
You have two cows,One "cow-peh" and one "cow-bu".
Earlier post
http://stuffsfromnet.blogspot.com/search?updated-max=2008-09-17T06%3A40%3A00-07%3A00&max-results=7
Wednesday, March 25, 2009
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