An Italian gentleman walked into a bank in New York City and asked for the loan
officer.
He told the loan officer, "Im'a goin' ta Italy onna business fora
two weeks an' ah needa ta borrow $5,000... Im'a notta memba of dis'a
bank".
The bank officer told him that the bank would need some form of security for
the loan, so the Italian said, "Im'a leavin' you wit my new Ferrari... da car is'a
parked inna fronta da bank... take'a good care a her".
The Italian produced the title and everything checked out. The loan officer
agreed to hold the car as collateral for the loan, apologized for having
to charge 12% interest, and assured the Italian gentleman that the car would be
parked VERY securely.
Later, after the bank's president drove the Ferrari into a secured area in the
bank's underground parking garage, he and the banks officers all enjoyed
a good laugh at the Italian for using a $250,000 Ferrari as collateral for a $5,000 loan.
Two weeks later, the Italian returned, repaid the $5,000 and the interest
of $23.07. 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 ran your credit check and found that you
are a multimillionaire. What puzzles us is, why would you bother to borrow
$5,000"??
The Italian replied, "Stupidaggini!! Where else inna dis' City can I parka my
Ferrari fa two weeks for only $23.07 an' KNOW dat itsa gonna
be 'ere when I coma back"???
"Arrivederci!! La ringrazio molto"!!
