The Three Stooges Explain the Bank Bail-Out

[Vox Moi]

- Remember, it all started with a 'credit crunch'. The banks had stopped lending to each other. -
(anybody recall this skit by The Stooges?)
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Moe has $5
Larry has $0
Curly has $0
Total Assets: $5
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Moe owes Larry $10 dollars
Larry owes Curly $10 dollars
Curly owes Moe $10 dollars
Total Debt: $30
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So, The Stooges decide to lend to each other.
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Moe to Larry: Here's five ... I'll owe you five
Larry to Curly: Here's five ... I'll owe you five
Curly to Moe: Here's five ... I'll owe you five
Moe to Larry: Here's that five I owe you
Larry to Curly: Here's that five I owe you
Curly to Moe: Here's that five I owe you.
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The total $30 indebtedness has been satisfied with $5
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But suppose that Moe, Larry and Curly in an inspired gambit, pretend to stop lending to each other and call for the Feds for a bailout to prevent a financial disaster?
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The Feds ante up, giving each of our heroes $10 to cover their 'toxic assets'
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Now the Stooges can lend to each other again. Yuk, Yuk.
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Next: Harry Houdini's analysis of 'Son of Boss'

[geckosfeet]

1. You know, I think you might have something there.

[truedelphi]

2. Brilliant. However, it is quite sad that only

You and the people of Iceland understand this about the Big Banks and lending.

Oh, and apparently the Three Stooges.

[DeSwiss]

3. Send this ''economic plan'' to Greece, STAT!

- K&R

[kentuck]

4. Excellent!

[The Magistrate]

5. Well Done, Sir!