loans

An Iranian 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 Iran 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 Iranian 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 Iranian for using a $250,000 Ferrari as collateral against a $5,000 loan. >>