Saturday Economics Comedy: 10 Principles of Economics

September 29th, 2012
in econ_news, syndication

A naked and drunken woman boards a cab in London. Driver of the cab, keeps staring at her and does not start the cab.

Woman: "Haven't you seen a naked woman before?"
Cab Driver: "Cool down. I am not staring at you. I am just wondering where you have kept the money to pay me?"
Moral: This is what most of the American banks failed to do - Assess the repayment capacity before enjoying exposure.

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