The current banking crisis explained by an Irishman


Senior Member
Young Paddy bought a donkey from a farmer for £100. The farmer agreed
to deliver the donkey the next day.
The next day he drove up
and said, 'Sorry son, but I have some bad news. The donkey's died.'

Paddy replied, 'Well then just give me my money back.'

The farmer said, 'Can't do that. I've already spent it.'

Paddy said, 'OK, then, just bring me the dead donkey.'

The farmer asked, 'What are you going to do with him?'

Paddy said, 'I'm going to raffle him off.'

farmer said, 'You can't raffle a dead donkey!'

Paddy said,
'Sure I can. Watch me. I just won't tell anybody he's dead.'

A month later, the farmer met up with Paddy and asked, ' What happened
with that dead donkey?'

Paddy said, 'I raffled him off. I
sold 500 tickets at £2 each and made a profit of £898'
farmer said, 'Didn't anyone complain?'

Paddy said, 'Just the
guy who won. So I gave him his £2 back.'

Paddy now works for
the Royal Bank of Scotland .