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Friday Fun

Posted by How's She Cuttin' on November 25, 2011 at 10:54:29:

An Cavan man walked into a bank in Dublin and asked for the loan officer. He told the loan officer
he was going to Italy on business for two weeks and
needed to borrow 5,000. But that he was not
a depositor of the bank.

The bank's loan officer told him the bank would need
some form of security for the loan, so the Cavan man handed over
the keys to a brand new red Ferrari.

The car was parked on the street in front of the
bank. The Cavan man produced the title and everything
checked out. The loan officer agreed to hold the car
as collateral for the loan and apologized for having to
charge him 12% interest.

Later, the bank's president and its officers all
enjoyed a good laugh at the Cavan man for using a
250,000 Ferrari as collateral for a 5,000 loan.
An employee of the bank then drove the Ferrari
into the bank's underground garage and parked it.

Two weeks later, the Cavan man 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 did a background check
and found that you are a multimillionaire.
What puzzles us is, why would you bother to borrow 5,000?"

The Cavan man replied, "Where else in Dubliln
can I park my car for two weeks for only 23.07
and expect it to be there when I return?"

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