Saturday, April 17, 2021

Parking in New York

   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", 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?"

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