June 17, 200619 yr A Chinese man walks into a bank in New York City and asks for the loan officer. He tells the loan officer that he is going to China on business for two weeks and needs to borrow $5000. The loan officer tells him that the bank will need some form of security for the loan, so the Chinese man hands over the keys keys to a 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 Chinese man for using a $250,000 Ferrari as collateral against a $5000 loan. An employee of the bank then drives the Ferrari into the bank's underground parking garage and parks it there. Two weeks later, the Chinese man returns, repays the $5000 and the interest due on the loan which amounts 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 were a little puzzled. While you were away, we checked you out, and discovered that you are a multi-millionaire. What puzzles us is, why you would bother to borrow $5000?" The Chinese man replies: "Where else in New York City can I park my car for 2 weeks for only $15.41 and expect it to be there when I return????"
June 18, 200619 yr Author you're probably right Pauly- an urban myth. I emailed the story to my aunt in Canada, who replied that she read it in a magazine recently. The borrower was a woman and the heading was "Finally, a not-so-dumb blond joke." I guess it all depends on who your target audience is.
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