A mind of a filipino

(a friend e-mailed this to me)

A Filipino walks into a bank in New York City and asks for the
loanofficer. He tells the loan officer that he is going to the
Philippines on business for two weeks and needs to borrow $5,000.The
bank officer tells him that the bank will need some form ofsecurity
for the loan, so the Filipino hands over the keysand 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 theFilipino 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'sunderground garage and parks it there.Two
weeks later, the Filipino returns, repays the $5,000 and theinterest,
which comes to $15.41. The loan officer says, "Sir, we are very happy
to have had your business, and thistransaction 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 Filipino 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
Filipino... Hehe.