Tuesday, November 6, 2007

One Smart Businessman...

A businessman walked into a New York City bank and asked for the loan officer. He said he was going to Europe for two weeks and needed to borrow $5,000. The loan officer said the bank would need some security for such a loan so without hesitation the businessman handed over the keys to his Rolls Royce that was parked outside on the street. Everything checked out and the loan officer accepted the car as collateral for the loan. An employee then drove the car into the bank's underground garage and parked it in a safe spot. Two weeks later the man returned from his trip and then repaid the loan plus interest which came to $5,015.41. The loan officer said, "We do appreciate your business and this transaction has worked out very nicely, but we were a bit puzzled. While you were away we checked and found out that you have millions of dollars... so we are puzzled why you need to borrow $5,000?" The businessman replied, "Where else in Manhattan can I park my car for two weeks for 15 bucks?"

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