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Cheap parking

Discussion in 'The Lighter Side' started by Randy Dandy, Jul 9, 2003.

  1. Randy Dandy

    Randy Dandy

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    Location:
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    An Italian walks into a bank in New York City and asks for the loan
    officer. He tells the loan officer that he is going to Italy 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 Italian hands over the keys to a new Ferrari. The car
    is parked on the street in front of the bank. The Italian 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
    Italian 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 Italian 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 multimillionaire. What puzzles us is, why would you
    bother to borrow $5,000?"

    The Italian 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?"
     
  2. Steve Koski

    Steve Koski Got Insurance? Millennium Member

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    What do you do if you see a space man?
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    Park in it, man.
     

  3. Randy Dandy

    Randy Dandy

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