*The Reason for the Recession - simplified
*
*Bankers never learn!*
A naked and drunken woman boards a cab in NY one night.
The Indian cab driver keeps staring and does not start the cab.
Woman : Haven't you ever seen a naked woman before???
Indian Cab Driver : I am not staring at you lady ..... Just wondering where
you kept money to pay !
*Moral: *
*That is what most of the American and European banks failed to do *
*(I.e.) assessing re-payment capacity before taking exposure!!!*
<http://www.incredimail.com/?id=613056&rui=129947551&sd=20101208>
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