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 Tunde, the next-door neighbour
Before she says a word, Tunde says, ‘I’ll give you N10,000 to drop that towel.’
After thinking for a moment, the woman drops her towel and stands naked in front of Tunde, after a few seconds, Tunde hands her N10,000 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 Tunde the next-door neighbour she replies.
‘Great,’ the husband says, ‘did he say anything about the N10,000 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.