A man is getting into the shower just as his wife is finishing up her shower, when the doorbell rings.
The wife quickly wraps herself in a towel and runs downstairs.
When she opens the door, there stands Bob, the next-door neighbor.
Before she says a word, Bob says, “I’ll give you $800 to drop that
towel.”
After thinking for a moment, the woman drops her towel and stands naked in front of Bob.
After a few seconds, Bob hands her $800 and leaves.
The woman wraps back up in the towel and goes back upstairs.
When she gets to the bathroom, her husband asks
, “Who was that?”
“It was Bob the next door neighbor,” she replies.
“Great,” the husband says, “did he say anything about the $800 he owes 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.