The Bailout: Wall Street Monkey Business

Today’s post comes by way of my long time friend and high school buddy, Randy, who resides in Hong Kong. As his birthday is coming up this week, I’d like to be one of the first of many to officially wish him a HAPPY BIRTHDAY!

Meanwhile, I hope you enjoy this latest blog and feel free to share it with friends and colleagues if appropriate…

Once upon a time, a man appeared in a village and announced to the villagers that he would buy monkeys for $10 each.

The villagers, knowing there were many monkeys, went to the forest and started catching them.  The man bought thousands at $10 each and, as supply started to diminish, the villagers stopped their effort.

He then announced that he would buy monkeys at $20 each. This renewed the villagers’ efforts and they started catching monkeys again.
Soon, the supply diminished and people started going back to their farms. The offer increased to $25 each and the supply of monkeys became so scarce it was an effort to even find a monkey, let alone catch it!

The man now announced that he would buy monkeys at $50 each! However, since he had to go to the big city on some business, his assistant would buy on his behalf.

The assistant told the villagers, “Look at all these monkeys in the big cage that my boss has already collected. I will sell them to you at $35 and when my boss returns, you can sell them to him for $50.”

The villagers rounded up all their savings and bought all the monkeys for 700 billion dollars. They never saw the man or his assistant again, only lots and lots of monkeys!

Now you have a better understanding of how the WALL STREET BAILOUT PLAN WORKS!!!

It doesn’t get much clearer than this.

Author’s Disclosures: I have had my fill of Wall Street’s monkey business, but I am still optimistic on the future and therefore continue to buy green bananas.

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