Thursday, April 24, 2008

A story a lesson - Great Mind!

A Chinese walks into a bank in New York City and asks
for the loan officer.

He tells the loan officer that he is going to Taiwan 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 Chinese
hands over the 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 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 Chinese 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 the $5,000?"

The Chinese 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 mind of the Chinese...

3 comments:

Vincent Tan said...

Saw this as a forwarded message quite some time ago. Still a good one! =)
Gonna link you on my blog soon!

Satkuru said...

LOL i read a few versions of this before. but it's still funny :D

p/s: manutd in the finals ! ROFL

kxin said...

vincent: okok i'm still busy with my assignemnt lol will link u up too ;) promise!


satkuru: MU rulezzzzz!!! ;D