I read this story on Aircel’s lenders agreeing to take a 99% haircut on dues worth Rs 20,000 crore.
And decided to take a (pathetic) shot at poetry on a Saturday morning…
A New Barber in Town
I went to Khan Market for a coffee But I bumped into my barber instead And in a moment of my utter weakness I ended up disregarding Buffett I asked him if I needed a haircut He took a good look at me and said: Yes of course you need a haircut! I mean, what else could he have said? And while I was getting my haircut I picked up the newspaper and read a story about another haircut and lenders whose money was dead And as I flipped the pages of the paper I found more stories on haircuts and bankers whose money was now vapour finding all doors to recovery were shut I showed the stories to my Barber He looked at them in anguish and said: Why aren't bankers coming to me for haircuts? while his face was angry and red I thought for a moment, then told him about the big, new barber in town Yes, the one who will now do all the trimming and is called NCLT HAIRCUTS DOWNTOWN