Replies to post #64726 on Mr Cooper Group Inc (COOP)

[mehedi]

Picked this one from the citigroup board.....

Investment Banking Explained



Young Chuck moved to Texas
and bought a donkey from a farmer for $100.
The farmer agreed to deliver the donkey the next day.

The next day the farmer drove up and said,
'Sorry, Chuck, but I have some bad news. The donkey died.'
Chuck replied, 'Well, then just give me my money back.'

The farmer said, 'Can't do that. I went and spent it already.'
Chuck said, 'OK, then, just bring me the dead donkey.'

The farmer asked, 'What ya gonna do with a dead donkey?'

Chuck said, 'I'm going to raffle him off.'
The farmer said 'You can't raffle off a dead donkey!'
Chuck said, 'Sure I can. Watch me. I just won't tell anybody he's dead.'
A month later, the farmer met up with Chuck and asked,
'What happened with that dead donkey?'
Chuck said, 'I raffled him off. I sold 500 tickets at two dollars apiece
and made a profit of $998.00.'

The farmer said, 'Didn't anyone complain?' Chuck said, 'Just the guy who won.
So I gave him his two dollars back.'

Chuck now works for Morgan Stanley.

http://messages.finance.yahoo.com/Stocks_(A_to_Z)/Stocks_C/threadview?m=tm&bn=2895&tid=728726&mid=728726&tof=1&rt=2&frt=2&off=1