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A Bank Loan
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| [NFC]Wave |
A Chinese man walks into a bank in New York City and asks for the loan officer.
He tells the loan officer that he is going to China on business for two weeks and needs to borrow USD $5,000. The bank officer tells him that the bank will need some form of security for the loan, so the Chinese man hands over the keys to a new Ferrari parked on the street in front of the bank. He produces the title and everything checks out. The loan officer agrees to accept the car as collateral for the loan.
The bank's president and its officers all enjoy a good laugh at the Chinese for using a USD $250,000 Ferrari as collateral against a USD $5,000 loan. An employee of the bank then drives the Ferrari into the bank's underground
garage and parks it there.
Two weeks later, the Chinese returns, repays the USD $5,000 and the interest, which comes to $15.41. The loan officer says, "Sir, we are very happy to have had your business, and this transaction has worked out very nicely, but we are a little puzzled. While you were away, we checked you out and found that you are a multi-millionaire. What puzzles us is, why would you bother to borrow USD $5,000?"
The Chinese replies: "Where else in New York City can I park my car for 2 weeks for only USD$15.41 and expect it to be there when I return?" |
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| evil_cookie |
An interest of $15.41 for a 5k loan? :eek:
LIES! |
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| OrZonE |
| Supposedly this is a true story. I believe Warren Buffet (or Robert Kiyosaki) was the person to do it originally. |
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| TranceGrooves |
| would it not just make more sense to leave the car parked at home and save the 15.41 as well cuz i am sure as a multi millionaire u can get free shuttle service to and back from airport. |
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| SniFFleS |
| they wouldnt ask for a security if he was a multi millionaire |
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| DigitalMP |
| The original joke was about a blonde, not a Chinese man. |
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| vickyvale |
| quote: | Originally posted by DigitalMP
The original joke was about a blonde, not a Chinese man. |
Was she a multi-millionaire?
lol |
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| DigitalMP |
| quote: | Originally posted by vickyvale
Was she a multi-millionaire?
lol |
are you a blonde? ;) |
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| Vivid Boy |
| wheres polkaroo? |
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| vickyvale |
| quote: | Originally posted by DigitalMP
are you a blonde? ;) |
LOL
Uuuhhh...no. |
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| DigitalMP |
| haha :thepirate |
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