Dareen
25th June 2017, 10:13 AM
Subject: Ukranian Logic
Just can't beat this logic.
A Ukrainian walked into a bank in Toronto and asked for the loan officer.
He told the loan officer that he was going to Kiev on business for two weeks
and needed to borrow $5,000 and that he was not a depositor at the bank.
The bank officer told him that the bank would need some form of security for
the loan; so the Ukrainian handed over the keys to a new Ferrari. The car was
parked on the street in front of the bank.
The Ukrainian produced the title for the car, 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
Ukrainian 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 Ukrainian returned and repaid the $5,000 and 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 Ukrainian 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, the Ukrainians... See! Kolbasa & Vodka 'IS' good for the brain.
Just can't beat this logic.
A Ukrainian walked into a bank in Toronto and asked for the loan officer.
He told the loan officer that he was going to Kiev on business for two weeks
and needed to borrow $5,000 and that he was not a depositor at the bank.
The bank officer told him that the bank would need some form of security for
the loan; so the Ukrainian handed over the keys to a new Ferrari. The car was
parked on the street in front of the bank.
The Ukrainian produced the title for the car, 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
Ukrainian 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 Ukrainian returned and repaid the $5,000 and 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 Ukrainian 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, the Ukrainians... See! Kolbasa & Vodka 'IS' good for the brain.