[MD] WALL STREET BAILOUT PLAN

Ian Glendinning ian.glendinning at gmail.com
Sun Dec 7 03:32:29 PST 2008


That's very good Craig, but it's awfully bad form to present something
that good without acknowledging your source (not sure of the ultimate
source, but there are variants of this story). Here are a couple of
recent versions from one and two months ago ....

http://www.vov.co.nz/?p=50
http://weblog.sinteur.com/2008/10/monkeys-2/

Ian

On Sat, Dec 6, 2008 at 9:24 PM,  <craigerb at comcast.net> wrote:
> 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, seeing that there were many monkeys around, went out to the
> forest and started catching them.
> The man bought thousands at $10 and, as supply started to diminish, the
> villagers stopped their effort. He next announced that he would now buy
> monkeys at $20 each. This renewed the efforts of the villagers and they
> started catching monkeys again.
> Soon the supply diminished even further 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 city on some business, his assistant would buy
> on his behalf.  In the absence of the man, the assistant told the
> villagers: "Look at all these monkeys in the big cage that the man has
> already collected. I will sell them to you at $35 and when the man returns
> from the city, you can sell them to him for $50 each."
> 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!
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