JUST SHARING!!!! A Jamaican man walked into a bank in New York City and asked for the loan officer. He told the loan officer that he was going to Jamaica on a vacation for two weeks and needed to borrow $5,000. The bank officer told him that the bank would need some form of security for the loan, so the Jamaican man handed over the keys to a new BMW 740i. The car was parked on the street in front of the bank. The Jamaican produced the title and everything checked out. The loan officer agreed to accept the car as collateral for the loan. The banks president and its officers all enjoed a good laugh at the Jamaican for using a $80,000 BMW as collateral against a $5,000 loan. An employee of the bank then drove the BMW into the banks underground garage and parked it there. Two weeks later, the Jamaican man returned, repaid the $5,000 and the interest, which came to $15.41. The loan officer said, 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 successful businessman. What puzzles us is, why would you bother to borrow $5,000? The Jamaican 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?
Posted on: Thu, 31 Jul 2014 22:51:45 +0000
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