New York City and asks for the loan officer.
He tells the loan officer that he is going to Pakistan
The bank officer tells him that the bank
will need some form of security for the loan,
so the Pakistani man hands over the keys
and documents of new Ferrari parked
on the street in front of the bank.
He produces the title and everything checks out.
The loan officer agrees to accept
the car as collateral for the loan.
The bank's president and its officers
all enjoy a good laugh at the Pakistani.
for using a $250,000 Ferrari
as collateral against a $5,000 loan.
An employee of the bank then
drives the Ferrari into the bank's
underground garage and parks it there.
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
for two weeks for only $15.41
and expect it to be there when I return'"