Before going to Europe on business, a man
drove his
Rolls Royce to a downtown NY City bank and went in to ask
for an
immediate loan of $5,000. The loan officer was quite taken a
back, and
requested collateral. “Well, then, here are the keys to my
Rolls-Royce”,
the man said. The loan officer promptly had the car
driven into the
bank’s underground parking for safekeeping, and
gave him $5,000.
Two weeks later, the man walked through the
bank’s doors, and asked to
settle up his loan and get his car back. The
loan officer checked the
records and told him, “That will be $5,000
in principal, and $15.40 in
interest.” The man wrote out a check,
thanked the loan officer, and
started to walk away.
“Wait
sir,” the loan officer said, “while you were gone, I found out
you
are a millionaire. Why in the world would you need to borrow?
The
man smiled. “Where else could I securely park my Rolls-Royce in
Manhattan for two weeks and pay only $15.40?”