Before Going To Europe On Business
Before going to Europe on business, a man drove his Rolls
Royce to a downtown NY City bank and went in to ask for an
immediate loan of $5,000. The loan officer was quite taken a
back, and requested collateral. “Well, then, here are the
keys to my Rolls-Royce”, the man said. The loan officer
promptly had the car driven into the bank’s underground
parking for safekeeping, and gave him $5,000. Two weeks
later, the man walked through the bank’s doors, and asked
to settle up his loan and get his car back. The loan officer
checked the records and told him, “That will be $5,000 in
principal, and $15.40 in interest.” The man wrote out a
check, thanked the loan officer, and started to walk away.
“Wait sir,” the loan officer said, “while you were
gone, I found out you are a millionaire. Why in the world
would you need to borrow?” The man smiled. “Where else
could I securely park my Rolls-Royce in Manhattan for two
weeks and pay only $15.40
