A Sat marnin' laugh - oldtimer - 05-19-2012
> > A Newfie walked into a bank in Toronto and asked for the loans > > officer. > > He told the loans officer that he was going to Newfoundland on > > business for two weeks and needed to borrow $5,000, however he was > > not a depositor of the bank. > > The bank officer told him that the bank would need some form of > > security for the loan, so the Newfie handed over the keys to a new > > Ferrari. > > The car was parked on the street in front of the bank. The Newfie > > produced the title and everything checked out. > > The loan officer agreed to hold the car as collateral for the loan > > and apologized for having to charge 12% interest. > > > > Later, the bank's president and its officers all enjoyed a good > > laugh at the Newfie for using a $250,000 Ferrari as collateral for a > > $5,000 loan. > > An employee of the bank then drove the Ferrari into the bank's > > underground garage and parked it. > > Two weeks later, the Newfie returned, repaid the $5,000 and the > > interest of $23.07. > > 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 multimillionaire. > > What puzzles us is, why would you bother to borrow $5,000?' > > > > > > The Newfie replied: 'Where else in Toronto can I park my car for two > > weeks for only $23.07 and expect it to be there when I return?' > > > > Ah, Newfies ...... See! Salt Cod is good for the brain.
Re: A Sat marnin' laugh - suzengrace - 05-19-2012
Love it !!!!!
Re: A Sat marnin' laugh - Sophie - 05-19-2012
OMG- That was great!
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