Investment Banking Explained
Young Chuck moved to Texas and bought a Donkey from a farmer for $100. The farmer agreed to deliver the Donkey the next day. The next day the farmer drove up and said, “Sorry son, but I have some bad news, the donkey died”.
Chuck: “Well, then just give me my money back.”
The farmer: “Can’t do that. I went and spent it already.”
Chuck: “OK, then, just bring me the dead donkey.”
The farmer: “What ya gonna do with him?” Chuck: “I’m going to raffle him off.”
The farmer: “You can’t raffle off a dead donkey!”
Chuck: “Sure I can. Watch me. I just won’t tell anybody he’s dead.” A month later the farmer met up with Chuck and asked, “What happened with that dead donkey?”
Chuck: “I raffled him off. I sold 500 tickets at two dollars apiece and made $998.”
The farmer: “Didn’t anyone complain?”
Chuck: “Just the guy who won. So I gave him his two dollars back.”
Chuck works in a large US investment bank.
Via e-mail.
Enable “Find my iPhone” on your .me for your pre-Release iPhone OS 3.0
I’m sure, all of you have heard of the new “find my iPhone” functionality which ships on the 17th of June with the new iPhone OS 3.0.
As a developer, you can download and install the final iPhone OS 3.0 already. If you do that and have a .mac (.me) account, you can go to “Settings”, select “Mail, Contacts, Calendars”, select your mac account and scroll to the bottom of the next screen. There you can switch on “Find My iPhone”.
Once you’ve done that, log in to your .me account and find a new setting at the right hand side of the “settings” section saying “find my iPhone”.
And now it’s all there: Find your phone, ping it, send it messages (you even get an e-mail if the message gets read) or if worse comes to worse, just remotely erase it. Good, if your phone gets stolen! Let’s just hope, the thugs don’t get to know this feature too soon, they may be up for a few surprise visits…

