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high finance



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A Lesson in High Finance...
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A gentleman walks into a bank in New York City and asks for the loan
officer. He says he is going to Europe on business for two weeks and needs
to borrow $5,000. The bank officer says the bank will need some kind of
security for such a loan. So the gentleman hands over the keys to a
new Rolls Royce parked on the street in front of the bank. Everything
checks out, and the bank agrees to accept the car as collateral for the
loan. An employee drives the Rolls into the bank's underground garage and
parks it there. Two weeks later, the gentleman returns, repays the $5,000
and the interest, which comes to $15.41. The loan officer says, "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 gentleman replied, "Where else in New York can I park my car for two
weeks for 15 bucks?"
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