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<blockquote data-quote="sandun_kg" data-source="post: 4746810" data-attributes="member: 17496"><p><span style="color: Blue"><span style="font-family: 'Trebuchet MS'"><span style="font-size: 15px">This is not a story but a true incident that happened in USA.*</span></span></span></p><p><span style="color: Blue"><span style="font-family: 'Trebuchet MS'"><span style="font-size: 15px"></span></span></span></p><p><span style="color: Blue"><span style="font-family: 'Trebuchet MS'"><span style="font-size: 15px"></span></span></span></p><p><span style="color: Blue"><span style="font-family: 'Trebuchet MS'"><span style="font-size: 15px">An Indian man walked into a bank in New York City one day and asked for</span></span></span></p><p><span style="color: Blue"><span style="font-family: 'Trebuchet MS'"><span style="font-size: 15px">the loan officer.</span></span></span></p><p><span style="color: Blue"><span style="font-family: 'Trebuchet MS'"><span style="font-size: 15px"></span></span></span></p><p><span style="color: Blue"><span style="font-family: 'Trebuchet MS'"><span style="font-size: 15px">He told the loan officer that he was going to India on business for two</span></span></span></p><p><span style="color: Blue"><span style="font-family: 'Trebuchet MS'"><span style="font-size: 15px">weeks and needed to borrow $5,000.</span></span></span></p><p><span style="color: Blue"><span style="font-family: 'Trebuchet MS'"><span style="font-size: 15px"></span></span></span></p><p><span style="color: Blue"><span style="font-family: 'Trebuchet MS'"><span style="font-size: 15px">The bank officer told him that the bank would need some form of</span></span></span></p><p><span style="color: Blue"><span style="font-family: 'Trebuchet MS'"><span style="font-size: 15px">security for the loan. The Indian man handed</span></span></span></p><p><span style="color: Blue"><span style="font-family: 'Trebuchet MS'"><span style="font-size: 15px">over the keys to a new Ferrari parked on the street in front of the</span></span></span></p><p><span style="color: Blue"><span style="font-family: 'Trebuchet MS'"><span style="font-size: 15px">bank. He produced the title and everything</span></span></span></p><p><span style="color: Blue"><span style="font-family: 'Trebuchet MS'"><span style="font-size: 15px">checked out..</span></span></span></p><p><span style="color: Blue"><span style="font-family: 'Trebuchet MS'"><span style="font-size: 15px"></span></span></span></p><p><span style="color: Blue"><span style="font-family: 'Trebuchet MS'"><span style="font-size: 15px">The loan officer agreed to accept the car as collateral for the loan.</span></span></span></p><p><span style="color: Blue"><span style="font-family: 'Trebuchet MS'"><span style="font-size: 15px"></span></span></span></p><p><span style="color: Blue"><span style="font-family: 'Trebuchet MS'"><span style="font-size: 15px">The bank’s president and its officers all enjoyed a good laugh at the</span></span></span></p><p><span style="color: Blue"><span style="font-family: 'Trebuchet MS'"><span style="font-size: 15px">Indian for using a $250,000 Ferrari as</span></span></span></p><p><span style="color: Blue"><span style="font-family: 'Trebuchet MS'"><span style="font-size: 15px">collateral against a $5,000 loan.</span></span></span></p><p><span style="color: Blue"><span style="font-family: 'Trebuchet MS'"><span style="font-size: 15px">An employee of the bank then drove the Ferrari into the bank’s</span></span></span></p><p><span style="color: Blue"><span style="font-family: 'Trebuchet MS'"><span style="font-size: 15px">underground garage and parked it there.</span></span></span></p><p><span style="color: Blue"><span style="font-family: 'Trebuchet MS'"><span style="font-size: 15px"></span></span></span></p><p><span style="color: Blue"><span style="font-family: 'Trebuchet MS'"><span style="font-size: 15px">Two weeks later, the Indian returned, repaid the $5,000 and the</span></span></span></p><p><span style="color: Blue"><span style="font-family: 'Trebuchet MS'"><span style="font-size: 15px">interest, which came to $15.41.</span></span></span></p><p><span style="color: Blue"><span style="font-family: 'Trebuchet MS'"><span style="font-size: 15px"></span></span></span></p><p><span style="color: Blue"><span style="font-family: 'Trebuchet MS'"><span style="font-size: 15px">The loan officer said, "Sir, we are very happy to have had your</span></span></span></p><p><span style="color: Blue"><span style="font-family: 'Trebuchet MS'"><span style="font-size: 15px">business, and this transaction has worked out very</span></span></span></p><p><span style="color: Blue"><span style="font-family: 'Trebuchet MS'"><span style="font-size: 15px">nicely, but we are a little puzzled. While you were away, we checked</span></span></span></p><p><span style="color: Blue"><span style="font-family: 'Trebuchet MS'"><span style="font-size: 15px">you out and found that you are a multi</span></span></span></p><p><span style="color: Blue"><span style="font-family: 'Trebuchet MS'"><span style="font-size: 15px">millionaire. What puzzles us is, why would you bother to borrow</span></span></span></p><p><span style="color: Blue"><span style="font-family: 'Trebuchet MS'"><span style="font-size: 15px">"$5,000"</span></span></span></p><p><span style="color: Blue"><span style="font-family: 'Trebuchet MS'"><span style="font-size: 15px"></span></span></span></p><p><span style="color: Blue"><span style="font-family: 'Trebuchet MS'"><span style="font-size: 15px">The Indian replied: "Where else in New York City can I park my car for</span></span></span></p><p><span style="color: Blue"><span style="font-family: 'Trebuchet MS'"><span style="font-size: 15px">two weeks for only $15.41 and expect it to</span></span></span></p><p><span style="color: Blue"><span style="font-family: 'Trebuchet MS'"><span style="font-size: 15px">be there when I return’"</span></span></span></p><p><span style="color: Blue"><span style="font-family: 'Trebuchet MS'"><span style="font-size: 15px"></span></span></span></p></blockquote><p></p>
[QUOTE="sandun_kg, post: 4746810, member: 17496"] [COLOR="Blue"][FONT="Trebuchet MS"][SIZE="4"]This is not a story but a true incident that happened in USA.* An Indian man walked into a bank in New York City one day and asked for the loan officer. He told the loan officer that he was going to India on business for two weeks and needed to borrow $5,000. The bank officer told him that the bank would need some form of security for the loan. The Indian man handed over the keys to a new Ferrari parked on the street in front of the bank. He produced the title and everything checked out.. The loan officer agreed to accept the car as collateral for the loan. The bank’s president and its officers all enjoyed a good laugh at the Indian for using a $250,000 Ferrari as collateral against a $5,000 loan. An employee of the bank then drove the Ferrari into the bank’s underground garage and parked it there. Two weeks later, the Indian returned, repaid the $5,000 and the interest, which came to $15.41. 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 checked you out and found that you are a multi millionaire. What puzzles us is, why would you bother to borrow "$5,000" The Indian replied: "Where else in New York City can I park my car for two weeks for only $15.41 and expect it to be there when I return’" [/SIZE][/FONT][/COLOR] [/QUOTE]
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