Lesson 1:Critical Information
A man is getting into the shower just as his wife is finishing
up her shower, when the doorbell rings. The wife quickly wraps herself
in a towel and runs downstairs.
When she opens the door, there stands Bob, the next-door neighbour.
Before she says a word, Bob says, "I'll give you £800 to
drop that towel." After thinking for a moment, the woman drops her towel and stands
naked in front of Bob.
After a few seconds, Bob hands her £800 and leaves.
The woman wraps back up in the towel and goes back upstairs.
When she gets to the bathroom, her husband asks, "Who was that?" "It
was Bob the next door neighbour," she replies. "Great!" the husband
says, "did he say anything about the £800 he owes me?"
Moral of the story: If you share critical information pertaining
to credit and risk with your shareholders in time, you may be in a position
to prevent avoidable exposure
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