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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 multi- millionaire. 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?"
Ah, The Italians
"La mia vigilanza di angeli sopra voi sempre"
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 multi- millionaire. 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?"
Ah, The Italians
"La mia vigilanza di angeli sopra voi sempre"