How some people become smart and rich....

[EricBu12]

Case or Story as you will in point... .



THE DONKEY AUCTION



A city boy, Kenny, moved to the country and bought a donkey from an

old farmer for $100. 00. 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. "



Kenny replied, "Well then, just give me my money back. "



The farmer said, "Can't do that. I went and spent it already. "



Kenny said, "OK then, just unload the donkey. "



The farmer asked, "What ya gonna do with him?"



Kenny, "I'm going to raffle him off. "



Farmer, " You can't raffle off a dead donkey!"



Kenny, "Sure I can. Watch me. I just won't tell anybody he is dead. "



A month later the farmer met up with Kenny and asked, "What happened

with that dead donkey?"



Kenny, "I raffled him off. I sold 500 tickets at two dollars a piece

and made a profit of $898. 00. "



Farmer, "Didn't anyone complain?"



Kenny, " Just the guy who won. So I gave him his two dollars back. "



Kenny grew up and eventually became the chairman of Enron

 

[RustyJC]

Interesting story, but Ken Lay was actually a dirt poor country boy:



About Kenneth L. Lay, founder and former chairman/CEO of Enron Corp.



• AGE - 62



• OCCUPATION - Consultant



• FAMILY - Wife, Linda; son Mark, daughter Robin from a previous marriage.



• BORN: 1942 in Tyrone, Mo. His father, Omer, tried selling farm equipment and working in a feed store, but became a Baptist minister after bankruptcy forced the family to seek refuge with relatives.



• EDUCATION: Bachelor's and master's degrees in economics from the University of Missouri; a doctorate in economics from the University of Houston.



• WORK HISTORY: Senior economist at Humble Oil and Refining Co. in Houston, the predecessor of Exxon. After earning his doctorate, Lay was an economist in the Navy, and in 1971 became undersecretary of energy under Rogers Morton. Envisioning a deregulated natural gas industry where the market set prices, Lay left government in 1974 to be an executive of Florida Gas, becoming president of the company by 1981. In 1982, he returned to Houston to run Transco Energy Co. , and in 1984 took the helm of Houston Natural Gas. In 1985, HNG merged with InterNorth, and the company became Enron with Lay as CEO. Enron reached No. 7 on the Fortune 500 in 2000 and claimed $101 billion in annual revenues.



SOURCE - Cincinnati Enquirer



Rusty

 

[klenger]

Sort of sounds like my experience with America West Airlines this weekend. They expexcted me (or the company I work for) to pay for a leg of a ticket that I could not use becuase of delays getting me to that flight that were their fault. They told me I had a non-refundable ticket and was not due a refund. I explained that I did not cancel or change my reservation, but that they failed to deliver the product that I paid for. Took an "act of congress" to get them to refund the money.