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It is a pinned article, author's  credit: unknown creative email author & MM

THE CURRENT ECONOMIC CRISIS EXPLAINED - IDLI, VADA & SAMBAR

Appakkaaran is the proprietor of a  Idli, Vada and Sambar  Shop (a rice cake & lentils fried cake dish) in Chennai. Sales are low and, in order to increase them, he comes up with a plan to allow his customers to eat now and pay later. He keeps track of the meals consumed on a ledger.

Word gets around and as a result increasing numbers of customers flock to Appakkaaran’s shop. Appakkaaran’s suppliers are delighted and are very willing to sell more and more raw materials for the meals he prepares. Appakkaaran shows them his ledger of receivables and they extend him credit.

A young and dynamic customer service consultant at the local bank recognizes these customer debts as valuable future assets and gives Appakkaaran a credit line and then increases Appakkaaran’s borrowing limit.

Taking advantage of his customers’ freedom from immediate payment constraints, Appakkaaran jacks up the prices of his Idli, Vada & Sambar. Customers don’t mind as they are not required to pay on the spot. Sales volume increases massively; Banks and suppliers lend more; Appakkaaran opens more outlets. He sees no reason for undue concern since he has the debts of the customers as collateral.

These securities are then listed on the Stock Exchange and traded on markets worldwide. No one really understands what the names mean and how the securities are guaranteed but, nevertheless, as their prices continuously climb, the securities become top-selling items.

One day, although the prices are still climbing, a credit risk manager of the bank decides that the time has come to demand payment of one of the debts incurred by Appakkaaran. Appakkaaran in turn asks his clients to pay up. One by one they refuse; the clients cannot pay back the debts. Appakkaaran refuses to serve them any more. The clients stop coming.

Appakkaaran is really in deep trouble now. He cannot fulfill his loan obligations and therefore claims bankruptcy. All Bonds drop in price by between 80 to 95%.

The suppliers of Appakkaaran, having granted generous payment due dates and having invested in the securities are faced with similar problems. The rice & lentil supplier defaults on payment to the wholesale supplier and claims bankruptcy. The spice supplier is taken over by a competitor; Appakkaaran lays off the cook and staff. Bankruptcies soar, unemployment mushrooms.

The bank that lent the money in the first place is set to collapse. It is saved by the Government following dramatic round-the-clock consultations by leaders from the governing political parties with Appakkaaran commuting back and forth in his Executive jet and Mercedes 500SEL, brokering the deal.

The funds required to save the economic collapse are obtained by a tax levied on the citizens, most of whom do not eat Idli or Vada.

That’s the reason……………………

P.S: Aaappakaaram vachuttaanya Aappu!!!! --- Appakkaaran messed up myaaaaaaaan!!!!!!!! 

Airlines
Indian Airlines - 1800 180 1407
Jet Airways - 1800 22 5522
Spice Jet - 1800 180 3333
Air India -- 1800 22 7722
Kingfisher - 1800 180 0101

Banks *
*BANK OF MAHARASHTRA 1800222340 & 1800220888
ABN AMRO - 1800 11 2224
Canara Bank - 1800 44 6000
Citibank - 1800 44 2265
Corporatin Bank - 1800 443 555
Development Credit Bank - 1800 22 5769
HDFC Bank - 1800 227 227
ICICI Bank - 1800 333 499
ICICI Bank NRI - 1800 22 4848
IDBI Bank - 1800 11 6999
Indian Bank - 1800 425 1400
ING Vysya - 1800 44 9900
Kotak Mahindra Bank - 1800 22 6022
Lord Krishna Bank - 1800 11 2300
Punjab National Bank - 1800 122 222
State Bank of India - 1800 44 1955
Syndicate Bank - 1800 44 6655 **

Automobiles*
*Mahindra Scorpio - 1800 22 6006
Maruti - 1800 111 515
Tata Motors - 1800 22 5552
Windshield Experts - 1800 11 3636

Computers/IT
Adrenalin - 1800 444 445
AMD - 1800 425 6664
Apple Computers - 1800 444 683
Canon - 1800 333 366
Cisco Systems - 1800 221 777
Compaq - HP - 1800 444 999
Data One Broadband - 1800 424 1800
Dell - 1800 444 026
Epson - 1800 44 0011
eSys - 3970 0011
Genesis Tally Academy - 1800 444 888
HCL - 1800 180 8080
IBM - 1800 443 333
Lexmark - 1800 22 4477
Marshal's Point - 1800 33 4488
Microsoft - 1800 111 100
Microsoft Virus Update - 1901 333 334
Seagate - 1800 180 1104
Symantec - 1800 44 5533
TVS Electronics - 1800 444 566
WeP Peripherals - 1800 44 6446
Wipro - 1800 333 312
xerox - 1800 180 1225
Zenith - 1800 222 004

Indian Railway
Indian Railway General Enquiry 131
Indian Railway Central Enquiry 131
Indian Railway Reservation 131
Indian Railway Railway Reservation Enquiry 1345,1335,1330
Indian Railway Centralized Railway Enquiry 1330/1/2/3/4/ 5/6/7/8/9
**

*
*Couriers/Packers & Movers
ABT Courier - 1800 44 8585
AFL Wizz - 1800 22 9696
Agarwal Packers & Movers - 1800 11 4321
Associated Packers P Ltd - 1800 21 4560
DHL - 1800 111 345
FedEx - 1800 22 6161
Goel Packers & Movers - 1800 11 3456
UPS - 1800 22 7171

Home Appliances
Aiwa/Sony - 1800 11 1188
Anchor Switches - 1800 22 7979
Blue Star - 1800 22 2200
Bose Audio - 1800 11 2673
Bru Coffee Vending Machines - 1800 44 7171
Daikin Air Conditioners - 1800 444 222
DishTV - 1800 12 3474
Faber Chimneys - 1800 21 4595
Godrej - 1800 22 5511
Grundfos Pumps - 1800 33 4555
LG - 1901 180 9999
Philips - 1800 22 4422
Samsung - 1800 113 444
Sanyo - 1800 11 0101
Voltas - 1800 33 4546
WorldSpace Satellite Radio - 1800 44 5432

Investments/ Finance
CAMS - 1800 44 2267
Chola Mutual Fund - 1800 22 2300
Easy IPO's - 3030 5757
Fidelity Investments - 1800 180 8000
Franklin Templeton Fund - 1800 425 4255
J M Morgan Stanley - 1800 22 0004
Kotak Mutual Fund - 1800 222 626
LIC Housing Finance - 1800 44 0005
SBI Mutual Fund - 1800 22 3040
Sharekhan - 1800 22 7500
Tata Mutual Fund - 1800 22 0101

Travel
Club Mahindra Holidays - 1800 33 4539
Cox & Kings - 1800 22 1235
God TV Tours - 1800 442 777
Kerala Tourism - 1800 444 747
Kumarakom Lake Resort - 1800 44 5030
Raj Travels & Tours - 1800 22 9900
Sita Tours - 1800 111 911
SOTC Tours - 1800 22 3344 * *Healthcare
Best on Health - 1800 11 8899
Dr Batras - 1800 11 6767
GlaxoSmithKline - 1800 22 8797
Johnson & Johnson - 1800 22 8111
Kaya Skin Clinic - 1800 22 5292
LifeCell - 1800 44 5323
Manmar Technologies - 1800 33 4420
Pfizer - 1800 442 442
Roche Accu-Chek - 1800 11 45 46
Rudraksha - 1800 21 4708
Varilux Lenses - 1800 44 8383
VLCC - 1800 33 1262

Insurance
AMP Sanmar - 1800 44 2200
Aviva - 1800 33 2244
Bajaj Allianz - 1800 22 5858
Chola MS General Insurance - 1800 44 5544
HDFC Standard Life - 1800 227 227
LIC - 1800 33 4433
Max New York Life - 1800 33 5577
Royal Sundaram - 1800 33 8899
SBI Life Insurance - 1800 22 9090

Hotel Reservations
GRT Grand - 1800 44 5500
InterContinental Hotels Group - 1800 111 000
Marriott - 1800 22 0044
Sarovar Park Plaza - 1800 111 222
Taj Holidays - 1800 111 825

Teleshoppin
Asian Sky Shop - 1800 22 1800
Jaipan Teleshoppe - 1800 11 5225
Tele Brands - 1800 11 8000
VMI Teleshopping - 1800 447 777
WWS Teleshopping - 1800 220 777

Others
Domino's Pizza - 1800 111 123 *

*Cell Phones
**BenQ - 1800 22 08 08
Bird CellPhones - 1800 11 7700
Motorola MotoAssist - 1800 11 1211
Nokia - 3030 3838
Sony Ericsson - 3901 1111 *

Free Plastic Surgery in TN, India from March 23 - April 4th:

Here is the forwarded email

"Hi friends,

If anybody met with fire an accident or people birth defects in ear, nose and mouth can do free plastic surgery at kodaikanal by PASAM hospital…

The period is from 23 march to 4 th april by German doctors…

Everything is free of cost.

Contact : 04542 - 240668, 240668, 245732

Regards,

Dhinesh.S"


P.S: This is one of the forwarded mails, if someone can confirm this, that would be great. :D.