Management Course

[Chris Lawrence]

MANAGEMENT COURSE

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