TRU about INDIAN CA's : TOP RATED

1592 views 28 replies
User Avatar

CA
3949 Points Joined July 2008

NOT A STORY BUT A
TRUE INCIDENT


An Indian CA 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 CA 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 CA's...


This is why India is shining



 

-----------------------------------------------------------------------------------------------

 

PLEASE REVERT BACK WITH UR VIEWS

6 Reply Share Follow
On 17 September 2009 at 08:34 Report
Replies (28)
User Avatar

PCA
72 Points Joined May 2009

Good yaar

1 Reply
On 17 September 2009 at 17:40
User Avatar

ARTICLES
228 Points Joined May 2009

good   ...............keep it up................

Reply
On 17 September 2009 at 19:02
User Avatar

CA
3949 Points Joined July 2008

thanks for good response

Reply
On 17 September 2009 at 22:32
User Avatar

Student
1174 Points Joined July 2008

REALLY INTERESTING.......... keep it up.......

Reply
On 20 September 2009 at 19:40
User Avatar

Chartered Accountant
339 Points Joined July 2008

JHAKAAAAAAAAS

Reply
On 21 September 2009 at 10:09
User Avatar

CA
3949 Points Joined July 2008

all the best

Reply
On 23 September 2009 at 14:47
User Avatar

CA
3949 Points Joined July 2008

all the best

Reply
On 25 September 2009 at 01:31
User Avatar

Professionalism ™
1324 Points Joined December 2008

good story!

Reply
On 25 September 2009 at 08:52
User Avatar

CA
3949 Points Joined July 2008

thx

Reply
On 25 September 2009 at 15:06
User Avatar

CA
3949 Points Joined July 2008

true

Reply
On 01 October 2009 at 20:25
User Avatar

student
706 Points Joined July 2009

 superb

Reply
On 01 October 2009 at 21:38
User Avatar

CA
3949 Points Joined July 2008

thx

Reply
On 03 October 2009 at 00:17
Guest

very nice

Reply
On 04 October 2009 at 17:07
User Avatar

CA
3949 Points Joined July 2008

thx

Reply
On 07 October 2009 at 18:37


CCI Pro

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading