The current bank crisis explained by an Irishman
A young Paddy bought a donkey from a farmer for £100. The farmer agreed to deliver the donkey the next day.
The next he drove up and said: "Sorry son, but I have some bad news. The donkey died."
Paddy replied: "Well then just give me my money back."
The farmer said: "I 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"
The 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 replied: "I raffled him off. I sold 500 tickets at £2 each and made a profit of £898."
The farmer said: "Didn't anyone complain?"
Paddy said: "Just the guy who won. So I gave him his £2 back."
…Paddy now worse for the Royal Bank of Scotland.