I am an undercover monk

In early january upon my return from Italy I was invited to partake in a seminar on my friend’s island, located on the Potomac River opposite of Old Angler’s Inn. I spent a solid three day weekend there discussing how to preserve an individual philosophy in a world of perverse intrusiveness. The head of the seminar, Ed Binns, was an educated man who started this group of Urban Coyotes, as he likes to call them, so that we would be encouraged to consider this damn important question.


It just so happens that I am pretty stubborn in my religious beliefs and he just as stubborn in his areligoius beliefs, so arguing with him was lots of fun. It seems, ironically, that taking a break from society brings you only closer to your fellow man. Anyhow I won’t bore you kiddies with my old geezer stories (and by kiddies I mean Jonathan Brodsky), but I will be posting a few ‘corporate parables’ which Ed shared with us.


Corporate Lesson #1:

A man is getting into the shower just as his wife is

finishing up her shower when the doorbell rings.

After a few seconds of arguing over which one should

go and answer the doorbell, the wife gives up, quickly

wraps herself up in a towel, and runs downstairs.

When she opens the door, there stands Bob, the

next-door neighbor. Before she could say a word, Bob

says, “I’ll give you $800 to drop that towel that you

have on.” After thinking for a moment, the woman

drops her towel and stands totally naked in front of

Bob. After a few seconds, Bob hands her 800 dollars

and leaves.


Confused, but excited about her good fortune, the

woman wraps back up in the towel and goes back

upstairs. When she gets back to the bathroom, her

husband asks from the shower, "Who was that?? “It was

Bob the next door neighbor,” she replies.


“Great!” the husband says, “Did he give you the $800

he borrowed from 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.


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