Thursday 5 March 2009

Recession & Crisis

This Story is about a man who once upon a time was selling Hotdogs by the roadside.
He was illiterate, so he never read newspapers.
He was hard of hearing, so he never listened to the radio.
His eyes were weak, so he never watched television.
But enthusiastically, he sold lots of hotdogs.
He was smart enough to offer some attractive schemes to increase his sales.
His sales and profit went up.
He ordered more a more raw material and buns and use to sale more.
He recruited few more supporting staff to serve more customers.
He started offering home deliveries.
Eventually he got himself a bigger and better stove.

As his business was growing, the son, who had recently graduated from College, joined his father.
Then something strange happened.

The son asked, "Dad, aren't you aware of the great recession that is coming our way?"
The father replied, "No, but tell me about it."
The son said, "The international situation is terrible. The domestic situation is even worse.
We should be prepared for the coming bad times."

The man thought that since his son had been to college, read the papers, listened to the radio and watched TV. He ought to know and his advice should not be taken lightly.

So the next day onwards, the father cut down the his raw material order and buns, took down the colourful signboard, removed all the special schemes he was offering to the customers and was no longer as enthusiastic. He reduced his staff strength by giving layoffs.

Very soon, fewer and fewer people bothered to stop at his hotdog stand. And his sales started coming down rapidly, same is the profit.

The father said to his son, "Son, you were right". "We are in the middle of a recession and crisis. I am glad you warned me ahead of time."

Moral of The Story: Its all in your MIND! And we actually FUEL this recession much more than we think…. In my Opinion

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Attalia Trophy

Attalia Trophy
Open University MK

Attalia Trophy ~ OUSA

Ref: IP/MJ 21 March 1984

Kuldip Attalia,
Sherwood House,
Sherwood Drive,
Bletchley,
Milton Keynes.


Dear Kuldip,

On behalf of the Open University Students’ Association, I would like to thank you and your family for the very generous gift of the “Attalia Trophy”.
We are delighted that you have presented us with this and it will used to encourage our students to raise funds to help their less advantaged, disabled and housebound fellow students.

Each year the “Attalia Trophy” will be presented to “The Branch coming up with the best idea for fundraising”.

We will thus be able to encourage the smaller branches to compete to raise funds.

My thanks once again to you and your family for this most generous and thoughtful donation.

Yours sincerely,


Iris Price
VP Welfare
OUSA ~ The Open University Students Association
OUSA Office Sherwood House, Sherwood Drive, Bletchley, Milton Keynes MK3 6RN
Phone: 0908 71131

Attalia Residence in Mombasa, Kenya

Attalia Residence in Nairobi, Kenya