The bankers
Posted: Fri Oct 07, 2016 12:05 pm
Two Jewish men in the Shtetel (a village in Russia), Mr. Sachs and Mr. Goldman, bought a donkey from a farmer for 100 Roubles
The Russian farmer agreed to deliver the donkey the next day.
The next morning the farmer went to the two Yiddisha (Jewish) men and said, ‘Sorry Mr Goldman, but I have some bad news. The donkey died.'
His partner Mr. Sachs replied, 'Well just give us our money back then.'
The farmer said, 'Can't do that. Sorry. I've already spent it.'
Sachs and Goldman asked the farmer to excuse them for a minute while they discussed the situation between themselves.
After a brief huddle the one partner said, 'OK then, just bring us the dead donkey'
The farmer was astounded and claimed, 'Are you nuts??....What are you going to do with a dead donkey?'
Goldman said, 'We're going to raffle him off.'
The farmer said, 'You can't raffle a dead donkey'
Goldman smiled and calmly said 'Sure we can. Watch us. We just won't tell anybody he's dead.'
The farmer shook his head in dismay but as they had paid for the donkey, the farmer agreed to deliver the carcass same day
A month later, the farmer met up with the two and asked them, 'What happened with that dead donkey?'
Mr. Sachs replied ‘We raffled him off. We sold 500 tickets at 2 Roubles each and made a profit of 898 Roubles'
The farmer said, ‘Didn't anyone complain?'
Goldman said, 'Just the guy who won. So we gave him his 2 Roubles back.'
The 2 partners went to USA and started a little bank called 'Goldman Sachs'
The Russian farmer agreed to deliver the donkey the next day.
The next morning the farmer went to the two Yiddisha (Jewish) men and said, ‘Sorry Mr Goldman, but I have some bad news. The donkey died.'
His partner Mr. Sachs replied, 'Well just give us our money back then.'
The farmer said, 'Can't do that. Sorry. I've already spent it.'
Sachs and Goldman asked the farmer to excuse them for a minute while they discussed the situation between themselves.
After a brief huddle the one partner said, 'OK then, just bring us the dead donkey'
The farmer was astounded and claimed, 'Are you nuts??....What are you going to do with a dead donkey?'
Goldman said, 'We're going to raffle him off.'
The farmer said, 'You can't raffle a dead donkey'
Goldman smiled and calmly said 'Sure we can. Watch us. We just won't tell anybody he's dead.'
The farmer shook his head in dismay but as they had paid for the donkey, the farmer agreed to deliver the carcass same day
A month later, the farmer met up with the two and asked them, 'What happened with that dead donkey?'
Mr. Sachs replied ‘We raffled him off. We sold 500 tickets at 2 Roubles each and made a profit of 898 Roubles'
The farmer said, ‘Didn't anyone complain?'
Goldman said, 'Just the guy who won. So we gave him his 2 Roubles back.'
The 2 partners went to USA and started a little bank called 'Goldman Sachs'