Sunday, December 9, 2012

Cow Business

TRADITIONAL CORPORATION

You have two cows.
You sell one and buy a bull.
Your herd multiplies and the economy grows.
You sell them and retire on the income.

ROYAL BANK OF SCOTLAND (VENTURE) CAPITALISM

You have two cows.
You sell three of them to your publicly listed company, using letters of credit opened by your brother-in-law at the bank, then execute a debt/equity swap with an associated general offer so that you get all four cows back, with a tax exemption for five cows.
The milk rights of the six cows are transferred via an intermediary to a Cayman Island company secretly owned by the majority shareholder who sells the rights to all seven cows back to your listed company.
The annual report says the company owns eight cows, with an option on one more.
You sell one cow to buy a new president of the United States , leaving you with nine cows.
No balance sheet provided with the release.
The public then buys your bull.

AN AMERICAN CORPORATION

You have two cows.
You sell one and force the other to produce the milk of four cows.
Later you hire a consultant to analyse why the cow has dropped dead.

A GREEK CORPORATION

You have two cows.
You borrow lots of Euro to build barns, milking sheds, hay stores, feed sheds, dairies, cold stores, abattoir, cheese unit and packing sheds.
You still only have two cows.

A FRENCH CORPORATION

You have two cows.
You go on strike, organise a riot, and block the roads, because you want three cows.

A JAPANESE CORPORATION

You have two cows.
You redesign them so they are one-tenth the size of an ordinary cow and produce twenty times the milk.
You then create a clever cow cartoon image called a Cowkimona and market it worldwide.

AN ITALIAN CORPORATION

You have two cows, but you don’t know where they are.
You decide to have lunch.

A SWISS CORPORATION

You have 5000 cows.
None of them belong to you.
You charge the owners for storing them.

A CHINESE CORPORATION

You have two cows.
You have 300 people milking them.
You claim that you have full employment, and high bovine productivity.
You arrest the newsman who reported the real situation.

AN INDIAN CORPORATION

You have two cows.
You worship them.

A BRITISH CORPORATION

You have two cows.
Both are mad.

AN IRAQI CORPORATION

Everyone thinks you have lots of cows.
You tell them that you have none.
No-one believes you, so they bomb the *** out of you and invade your country.
You still have no cows, but at least you are now a Democracy.

AN AUSTRALIAN CORPORATION

You have two cows.
Business seems pretty good.
You close the office and go for a few beers to celebrate.

A MALAYSIAN CORPORATION

You have two cow.
You signed a 40-year contract to supply milk at RM0.06 per litre.
Then midway through, you raised the price to RM0.60 or you cut the supply.
When the buyer agrees to the new price, you change your mind again and now want RM1.20.
The buyer decided you can keep the milk and they go look for milk that comes from recycled cows or the cow urine instead.
Your two cows retire together with the Prime Minister.

And last but not least,

A SINGAPOREAN CORPORATION

You have two cows.
One cow-peh and one cow-bo.

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