[AGL] Economics humor

[Madeleine Villatorro]

That was a good one Frances. M

On Fri, Oct 17, 2008 at 4:20 PM, Frances Morey <frances_morey at yahoo.com>wrote:


>   Economics Humor Courtesy of the BBC:<http://news.bbc.co.uk/2/hi/business/7663475.stm>

>

> Following the problems in the sub-prime lending market in America and the

> run on Northern Rock in the UK, uncertainty has now hit Japan. In the last 7

> days Origami Bank has folded, Sumo Bank has gone belly up and Bonsai Bank

> announced plans to cut some of its branches. Yesterday, it was announced

> that Karaoke Bank is up for sale and will likely go for a song while today

> shares in Kamikaze Bank were suspended after they nose-dived. While Samurai

> Bank are soldiering on following sharp cutbacks, Ninja Bank are reported to

> have taken a hit, but they remain in the black. Furthermore, 500 staff at

> Karate Bank got the chop and analysts report that there is something fishy

> going on at Sushi Bank where it is feared that staff may get a raw deal.

> *Emma Ives, Dorking, Surrey, UK*

>

> If you had purchased $1000.00 of Nortel stock one year ago, it would now be

> worth $49.00. With Enron, you would have $16.50 left of the original $1000.

> With WorldCom, you would have less than $5.00 left. If you had purchased

> $1000.00 of Delta Air Lines stock you would have $49.00 left. If you had

> purchased United Airlines, you would have nothing left. But, if you had

> purchased $1000.00 worth of beer one year ago, drank all the beer, and then

> turned in the cans for recycling, you would have $214.00. Based on the

> above, the best current investment advice is to drink heavily and recycle.

> This is called the 401-Keg Plan.

> *Daniel, Calgary, Canada*

>

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