Scams of India - A Summary Of Scams from 1947 to 2010
Showing posts with label bank. Show all posts
Showing posts with label bank. Show all posts
Sunday, August 21, 2011
Friday, August 12, 2011
Enjoying Exposure
Scene: A naked and drunken woman boards a cab in NewYork. Driver of the cab, an Indian, keeps staring at her and does not start the cab.
Woman: "Haven't you seen a naked woman before?"
Indian: "Cool down. I am not staring at you. I am just wondering where you have kept the money to pay me?"
Moral: This is what most of the American banks failed to do - Assess the repayment capacity before enjoying exposure.
Woman: "Haven't you seen a naked woman before?"
Indian: "Cool down. I am not staring at you. I am just wondering where you have kept the money to pay me?"
Moral: This is what most of the American banks failed to do - Assess the repayment capacity before enjoying exposure.
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