The doorbell rings just as a man is getting into the shower just as his wife is finishing up her shower.
The wife quickly wraps herself in a towel and runs downstairs.
When she opens the door, there stands Bob, the next door neighbour.
Before the wife says anything, Bob says, “I’ll give you $800 to drop that towel.”
After thinking for a moment, the woman drops her towel and stands naked in front of Bob, after a few seconds, Bob hands her $800 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 Bob the next door neighbour.” The wife replies.
“Great, did he return the $800 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.