Thursday, January 26, 2012


An man walks into a bank in
New York City and asks for the
loan officer. He tells the loan
officer that he is going overseas
on business for two weeks and
needs to borrow $5,000.
The bank officer tells him that
the bank will need some form of
security for the loan, so the man
hands over the keys and
documents of 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 man for using a $250,000
Ferrari as collateral against a
$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 man
returns, repays the $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
"$5,000" ?
The man replies:
"Where else in New York City can
I park my car for two weeks for
only $15.41 and expect it to be
there when I return?"

Be wise! Use what you have to get what you want.
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