The Banking Crisis simply explained...

[L1 HCS]

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[FONT=&quot]Young Paddy bought a donkey from a farmer for £100. The farmer agreed to deliver[/FONT][FONT=&quot] [/FONT][FONT=&quot]the donkey the next day... [/FONT]
[FONT=&quot]The next day he drove up and said, 'Sorry son, but I have some bad news. The donkey's died.' [/FONT]
[FONT=&quot]Paddy replied, 'Well then just give me my money back.'[/FONT]
[FONT=&quot]The farmer said, 'Can't do that. I've already spent it.'[/FONT]
[FONT=&quot]Paddy said, 'OK, then, just bring me the dead donkey.'[/FONT]
[FONT=&quot]The farmer asked, 'What are you going to do with him?[/FONT]
[FONT=&quot]Paddy said, 'I'm going to raffle him off.'[/FONT]
[FONT=&quot]The farmer said, 'You can't raffle a dead donkey!'[/FONT]
[FONT=&quot]Paddy said, 'Sure I can. Watch me. I just won't tell anybody he's dead.'[/FONT]
[FONT=&quot]A month later, the farmer met up with Paddy and asked, 'What happened with that dead donkey?'[/FONT]
[FONT=&quot]Paddy said, 'I raffled him off. I sold 500 tickets at two pounds apiece and made a profit of £898' [/FONT]
[FONT=&quot]The farmer said, 'Didn't anyone complain?'[/FONT]
[FONT=&quot]Paddy said, 'Just the guy who won. So I gave him his two pounds back.'[/FONT]
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[FONT=&quot]Paddy now works for the Bank of Ireland![/FONT]

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[lil_coz]

LMAO! Like it!!