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Non-Tech : The Enron Scandal - Unmoderated -- Ignore unavailable to you. Want to Upgrade?


To: Raymond Duray who wrote (2152)6/3/2002 12:03:11 PM
From: James Calladine  Read Replies (1) | Respond to of 3602
 
For Those Who Can't Understand The Enron Case.
>
>This is put in the simplest form so that everyone can understand.
>
>An old country farmer with serious financial problems bought a mule
from
>another old farmer for $100, who agreed to deliver the mule the next
day.
>However, the next day he drove up and said, "Sorry, but I have some
>bad news: The mule died."
>"Well, then, just give me my money back."
>"Can't do that. I went and spent it already."
>"OK, then. Just unload the mule."
>"What ya gonna do with a dead mule?"
>"I'm going to raffle him off."
>"You can't raffle off a dead mule!"
>"Sure I can. I just won't tell anybody he's dead."
>A month later the two met up and the farmer who sold the mule asked,
>"Whatever happened with that dead mule?"
>"I raffled him off just like I said I would. I sold 500 tickets at $2
>apiece and
>made a profit of $898."
>"Didn't anyone complain?"
>"Just the guy who won. So I gave him his two dollars back."