Smart thinking

Submitted by Agatha Nipps
Rating:

Share/Bookmark
Print this

Friday, 18 June 2010

Before going to Europe on business, a man drives his Rolls-Royce to a downtown New York City bank and asks for an immediate loan of $5,000. The loan officer, taken aback, requests collateral.

"Well then, here are the keys to my Rolls-Royce," the man says.

The loan officer promptly has the car driven into the bank's underground parking for safe keeping and gives the man the $5,000.

Two weeks later, the man walks through the bank's doors and asks to settle up his loan and get his car back. "That will be $5,000 in principal, and $15.40 in interest," the loan officer says.

The man writes out a check and starts to walk away. "Wait, sir," the loan officer says. "You are a millionaire. Why in the world would you need to borrow $5,000?"

The man smiles, "Where else could I find a safer place to park my Rolls-Royce in Manhattan for two weeks and pay only $15.40?"


Share/Bookmark
115 readers are online right now!

Go to top

We use cookies to give you the best experience on our website, this includes cookies from third party websites and advertisers.

Continue ? Find out more