Ukranian Logic

[John Saxton]

>Got a feeling this may have been posted before ,still worth a look.
>
>
>
> 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.
> Â 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.
>

[ian]

I'm sure that's a slur on all Torontonians

[BobL]

In Australia there would be a $250 loan establishment fee.

[Bohdan]

And a penalty for paying it back early.

[ian]

Have you tried parking at Sydney Airport in the recent past ?

even with an "establishment fee" and "early repayment" penalty, you would be in front.