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Not so daft.

ProfilePosted byOptionsPost Date

McB

McB Report 6 May 2009 20:40

A london man walks into a bank in london and asks for the loan officer.
He tells the loan officer that he is going to Australia on business for two weeks and needs to borrow £5,000.

The bank officer tells him that the bank will need some form of security for the loan, so the lad hands over the keys and documents of new Ferrari parked on the street in front of the bank, he produces the Log Book and everything checks out.
The loan officer agrees to accept the car as collateral for the loan.

The bank's Manager and its officers all enjoy a good laugh at the rough looking man for using a £120,000 Ferrari as collateral against a £5000 loan. An employee of the bank then drives the Ferrari into the bank's underground garage and parks it there.

Two weeks later, the londoner returns, repays the £5,000 and the interest, which comes to £15.41.
The loan officer says, "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 multi millionaire. What puzzles us is, why would you bother to borrow "£5,000" ?


The man replies:

"Where else in london can I park my car for two weeks for only £15.41 and expect it to be there when I return'"