From the Accounting front:
TRADITIONAL CORPORATION
You have two cows.
You sell one and buy a bull. Your herd multiplies, and the economy grows. You
sell them and retire on the income.
AMERICAN CORPORATION
You have two cows.
You sell three of them to your publicly listed company, using letters of
credit opened by your brother-in-law at the band, then execute a debt/equity
swap with an associated general offer so that you get all four cows back, with
a tax exemption for five cows. The milk rights of the six cows are transferred
via an intermediary to a Cayman Island company secretly owned by the majority
shareholder who sells the rights! to all seven cows back to your listed
company. The annual report says the company owns eight cows, with an option on
one more. Sell one cow to buy a new president of the United States, leaving
you with nine cows. No balance sheet provided with the release. The pub! lic
buys your bull.
AN AUSTRALIAN CORPORATION
You have two cows..
You sell one, and force the other to produce the milk of four cows. You are
surprised when the cow drops dead.
FRENCH CORPORATION
You have two cows.
You go on strike because you want three cows.
JAPANESE CORPORATION
You have two cows.
You redesign them so they are one-tenth the size of an ordinary cow and
produce twenty time the milk. You then create clever cow cartoon images called
Cowikimon and market them worldwide.
A GERMAN CORPORATION
You have two cows.
You reengineer them so they live for 100 years, eat once a month, and milk
themselves.
AN ITALIAN CORPORATION
You have two cows, but! t you don't know where they are... You break for lunch.
A RUSS IAN CORPORATION
You have two cows.
You count them and learn you have five cows.
You count them again and learn you have 42 cows.
You count them again and learn you have 12 cows.
You stop counting cows and open another bottle of vodka.
A SWISS CORPORATION
You have 5000 cows, none of which belong to you. You charge others for storing
them.
CHINESE CORPORATION
You have two cows.
You have 300 people milking them.
You claim full employment, high bovine productivity, and arrest the newsman
who reported the numbers.
A BRITISH CORPORATION
You have two cows... both are mad.
A NEW ZEALAND CORPORATION
You have two cows... and the one on the left is kinda cute...
