The Bank of America Parable

I have created the following parable to help explain why the second quarter results are so important.

The Bank of America Parable

You went out drinking one night with Ken Lewis. You got plastered and met a woman named Countrywide. At the end of the evening, you invited her back to your place. This is what you took home.

When you woke up the next morning, you could not find the girl that you took home. This is who you actually woke up beside.

Ms. Countrywide was not a very nice girl. She had a horrible personality. She seemed nicer when you were drunk. You explain to her that maybe last night was a mistake and she needs to get the hell out of your house.

About three months later, you receive a phone call from Ms. Countrywide. She tells you that she is pregnant.

She takes you to court and wins a child support judgement. You have to pay child support for the next 18 years. This is going to take a large percentage of your take home pay.

In April of 2015, that little baby turned 18. Do you know what that means? No more sending a check to Ms. Countrywide.

Now, think of all that extra money you will have that can be spent on beer, escorts, and books. 

Just do all of them. You have the money now!

Can you guess which sin is Brian's favorite? 

I hope this story helped to explain why tomorrow is important. Why can't the talking heads explain things like this?