Investors should be aware that (despite the often generous payouts) debentures are usually at the low end of the credit totem pole, and payouts may be deferred until the redemption date of the security.
The end result was that nobody knew who was on pole and the top 10 drivers got out of their cars and were swapping times to work out who had actually set the hot lap.
At precisely 1100 local time a large greased pole with a ham attached to the end of it is hoisted into the air, and there is a mad scramble as people struggle against each other to pull it down.