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?'
Ah, The Italians... Bada Bing!
Topic: Smart Italians ( joke ) (Read 1225 times)