An Indian man walks into a bank in New York City and asks for the loan officer. He tells the loan officer that he is going to India on business for two weeks and needs to borrow $5,000. The bank officer tells him that the bank will need some form of security for the loan, so the Indian 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 Indian 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. Two weeks later, the Indian returns, repays the $5,000 and the interest, 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 multi millionaire. What puzzles us is, why would you bother to borrow '$5,000' ? The Indian replies: '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`' Ah, the mind of the Indian... This is why India is shining | |
Aishi Prisha Financial Advisory Services (Channel Partner Angel Broking Ltd - Fortune Trading Corp ) Expertise - Commodity - Forex - World Indices - Futures - Options - Stocks - Trading Strategies - Live Trading Signals Financial Markets World Wide
Disclaimer: Ours is an advisory role. The final decision and consequences based on our information is solely yours. Moreover, in keeping with regulatory guidelines, we do not guarantee any returns on investments. Prospective investors and others are cautioned forward-looking statements/predictions and may be subject to change without notice.
Translate
Friday, January 15, 2010
NOT A STORY BUT A TRUE INCIDENT
Subscribe to:
Post Comments (Atom)
Blog Archive
- February (7)
- February (4)
- January (2)
- October (4)
- September (5)
- August (5)
- July (17)
- June (17)
- May (45)
- April (134)
- March (88)
- February (59)
- January (18)
- December (17)
- November (10)
- October (18)
- August (9)
- July (23)
- May (46)
- April (129)
- March (23)
- February (70)
- January (202)
- December (120)
- November (19)
- September (7)
- August (9)
- July (34)
- June (128)
- May (140)
- April (95)
- March (105)
- February (91)
- January (93)
- December (46)
- November (81)
- October (75)
- September (101)
- August (39)
- July (64)
- June (56)
- May (34)
- April (56)
- March (97)
- February (92)
- January (90)
- December (85)
- November (130)
- October (141)
- September (288)
- August (196)
- July (182)
- June (71)
- May (49)
- April (27)
- March (41)
- February (11)
- January (18)
- December (30)
- November (27)
- October (50)
- September (31)
- August (35)
- July (25)
- June (7)
- May (7)
- March (25)
- February (3)
- January (27)
Popular Posts
-
WEEKLY TRADING LEVELS BEST BUY LEVEL & SUPP @ $96 ACTUAL RESIS & BEST SHORT LEVEL @ 97 (CURR SUPP)A BREAK ABOVE 98.20 UPSIDE T...
-
WEEKLY TRADING LEVELS BEST BUY & SUPP @ 1763 ACTUAL RESIS & BEST SHORT LEVEL IS 1778 (CURRENT SUPP) ; A BREAK ABOVE 1808 CONF...
-
COPPER BEST BUY & SUPP @ 344 ACTUAL RESIS & BEST SHORT LEVEL 351.80 ( CURRENT SUPP ) A BREAK ABOVE 362.50 UPSIDE TGT 368/375.80/3...
-
BEYOND - ANALYZING - TRADING - PASSION - DISCIPLINE - TECHNICAL ANALYSIS Trading is a performance field, no less than athletics or the perf...
-
GOLD WEEKLY TRADING LEVEL BEST BUY & CURRENT SUPPORT @ 1511 ACTUAL RESISTANCE @ BEST SHORT LEVEL 1524.55 (CURRENT SUPP) A BREAK ABOV...
-
DIDN’T WE TELL YOU IN ADVANCE ON 28 TH NOVEMBER & REPEATEDLY UPDATING THE ALERT ? ITS ALREADY TIME FOR THE BIG BOYS TO GET PAID BEFORE ...
-
show details Oct 2 (3 days ago) Silver Weekly Trading Levels : BEST BUY & SUPP IS @ $29 ACTUAL RESISTANCE & BEST SHORT L...
-
SELL SILVER M 30JUN2011 EXPIRY @ 63956 FOR A SHORT TERM TARGET OF 51803 CMP – 63850 TIME FRAME : WITHIN EXPIRY
-
GOLD WEEKLY STRATEGY INITIATED ON "November 28 at 1:10am near Mysore" BANG ON TGT : NYMEX , COMEX GOLD TREND & TRADING ST...
No comments:
Post a Comment