Economics Explained in plain language
Posted by H.P.R.Gunawardena on January 25, 2012 at 10:29:49

A drunk, naked woman boards a cab in London.
Driver of the cab, - an Indian.... keeps staring at her and does not start the cab.
Woman: Havent you seen a naked woman before??
Indian Driver: Cool down Lady. I am not staring at you. I am just wondering where have you kept the money to pay me?

Moral: Probably, this is what most of the American banks failed to do. Assessing the repayment capacity before enjoying exposure!!

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