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Friday, February 04, 2011

BASIC REASON FOR RECESSION!!!!!

 
Good day Dear Brothers and Sisters,
Its Thursday, February 3rd2011


Click for Mumbai, India Forecast

   

Fundamental truths
cannot be better explained

BASIC REASON FOR RECESSION!!!!!
A naked and drunken woman boards a cab in London one night.

The Indian driver keeps staring and does not start the cab.

Woman: Haven't you ever seen a naked woman before???

Indian Driver: I am not staring at you lady.....
just wondering where you kept money to pay me!

Moral:That is what most of the American and European
banks failed to do (i.e) Assessing repayment capacity
before taking in the exposure!!


posted by
"kafton18@aol.com" <kafton18@aol.com>
in yahoogroups
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