Fun_People Archive
24 Jan
Life in Manhattan
Date: Wed, 24 Jan 96 13:42:42 -0800
From: Peter Langston <psl>
To: Fun_People
Subject: Life in Manhattan
Forwarded-by: "Robert D. Poor" <r@pia.media.mit.edu>
[A story without citation... -r]
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, taken aback, 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 safe keeping, 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. "That will be $5,000 in principal,
and $15.40 in interest at 8%," the loan officer said. The man wrote out a
check 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 $5,000?"
The man smiled. "Where else could I park my Rolls-Royce in Manhattan for
two weeks and pay only $15.40?"
© 1996 Peter Langston