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Bank problems

It was the great depression and the world's economies were in a state of shambles. Outside the small, independent Kerry Bank the crowd were gathering, all anxious about their finances.

Tell us the facts,' shouted Jim Hanagan. 'Remember, I was one of the first people to deposit money with you!'

'Indeed you were,' said Banker Kennedy. 'And because of that you are what we call a preferential creditor.'

'A preferential creditor!' shouted Hanagan, louder than before. 'What does that mean?'

'Well,' said Kennedy. 'It means that you will be the first to know there's nothing to come!'


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