*Thought this was amusing.
Elby
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> This is interesting....
>
> > The Enron debacle explained, in simple cow terms -
> > PLUS how International Corporations work.
> >
> > TRADITIONAL CAPITALISM
> > You have two cows.
> > You sell one and buy a bull.
> > Your herd multiplies, and the economy grows.
> > You sell them and retire on the income.
> >
> >
> > ENRON VENTURE CAPITALISM
> > You have two cows.
> > You sell three of them to your publicly listed company,
> > using letters of credit opened by your brother-in-law at the bank,
> > then execute a debt/equity swap with an associated general offer
> > so that you get all four cows back, with a tax exemption for five
cows.
> > The milk rights of the six cows are transferred via an intermediary
> > to a Cayman Island company secretly owned by the majority
shareholder
> > who sells the rights to all seven cows back to your listed company.
> > The annual report says the company owns eight cows, with an option
> > on one more.
> > Sell one cow to buy a new president of the United States, leaving
> > you with nine cows.
> > No balance sheet provided with the release.
> > The public buys your bull.
> >
> >
> > AN AMERICAN CORPORATION
> > You have two cows.
> > You sell one, and force the other to produce the milk of four cows.
> > You are surprised when the cow drops dead.
> >
> >
> > A FRENCH CORPORATION
> > You have two cows.
> > You go on strike because you want three cows.
> >
> >
> > A JAPANESE CORPORATION
> > You have two cows.
> > You redesign them so they are one-tenth the size of an ordinary cow
> > and produce twenty times the milk.
> > You then create clever cow cartoon images called 'Cowkimon' and
> > market them World-Wide.
> >
> >
> > A GERMAN CORPORATION
> > You have two cows.
> > You reengineer them so they live for 100 years, eat once a month,
> > and milk themselves.
> >
> >
> > A BRITISH CORPORATION
> > You have two cows.
> > Both are mad.
> >
> >
> > AN ITALIAN CORPORATION
> > You have two cows, but you don't know where they are.
> > You break for lunch.
> >
> >
> > A RUSSIAN CORPORATION
> > You have two cows.
> > You count them and learn you have five cows.
> > You count them again and learn you have 42 cows.
> > You count them again and learn you have 12 cows.
> > You stop counting cows and open another bottle of vodka.
> >
> >
> > A SWISS CORPORATION
> > You have 5000 cows, none of which belong to you.
> > You charge others for storing them.
> >
> >
> > A CHINESE CORPORATION
> > You have two cows.
> > You have 300 people milking them.
> > You claim full employment and high bovine productivity.
> > You have the newsman who reported on the numbers arrested.
> >
> > AN INDIAN CORPORATION
> > You have two cows.
> > You worship them.
> >
> > A SINGAPOREAN CORPORATION
> > You have two cows.
> > One cow-beh and one cow-bu.
> >
