More Loans and Banks Anecdotes (Post No.4980)

Compiled by London Swaminathan 

 

Date: 5 May 2018

 

Time uploaded in London – 9-02 am (British Summer Time)

 

Post No. 4980

 

Pictures shown here are taken from various sources such as Facebook friends, Books, Google and newspapers; thanks. Pictures may be subject to copyright laws.

 

 

WARNING: PLEASE SHARE MY ARTICLES; BUT DON’T SHARE IT WITHOUT AUTHOR’S NAME AND THE BLOG NAME. BE HONEST; OTHERS WILL BE HONEST WITH YOU

 

Written by London Swaminathan 

 

Date: 5 May 2018

 

Time uploaded in London – 8-32 am (British Summer Time)

 

Post No. 4980

 

Pictures shown here are taken from various sources such as Facebook friends, Books, Google and newspapers; thanks. Pictures may be subject to copyright laws.

 

 

WARNING: PLEASE SHARE MY ARTICLES; BUT DON’T SHARE IT WITHOUT AUTHOR’S NAME AND THE BLOG NAME. BE HONEST; OTHERS WILL BE HONEST WITH YOU

  
It is said that Henry Clay once asked the Riggs Bank for a 250 dollar loan on his personal note There was no reflection upon his credit , the bank replied, but it was a necessary formality in connection with this particular institution to have an endorser
Clay happened upon Daniel Webster and asked him if he would be kind enough to indorse for him.
Certainly, said Webster, but look here, I need some money myself. Why not make the note dollars and you and I will split it.
This was done, and to this day the note is in the Riggs Bank, unpaid.
Xxxx

  

Cicero and Cato

According to Cicero, when Cato (Roman Statesman 95 BCE) was asked what was the most profitable feature of an estate, he replied
Raising cattle success fully;
What next to that?
Raising cattle with fair success.
And next?
Raising cattle with but slight success
And fourth?
Raising crops.
And when his questioner said, How about money lending?
Cato replied, How about murder?

Xxxx

Chicago Bank Directors


A stranger in Chicago, a New Yorker ,stopped a little boy and asked him the way to Fifth National Bank, adding, Direct me there, son, I will give you a dollar.
Suppressing a grin the boy replied,
Ok boss, just follow me.
About half a block farther, the boy stopped and pointed to building nearest to them
Here you are, sir.
The man chagrined by his gullibility handed the boy the dollar but couldn’t help saying, That certainly was an easily earned dollar
That is right, said the boy, but don’t forget that bank directors in Chicago are highly paid.

Xxx

 

More Vice Presidents!

A man working as a teller in a bank bumped into an old friend of his one day.
Seeing that the bank teller seemed very preoccupied, the friend said,
What is the matter with you?
Well, there’s a lot of trouble down at the bank. We are going through a complete reorganisation
Why?
It seems we had more Vice presidents than depositors, replied the bank teller as he walked away.

Xxxx  SUBHAM xxx

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