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Krishnaswami CVR

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Giovanni Agnelli

Died 16 Dec 1945 at age 79 (born 13 Aug 1866).Italian automobile manufacturer who founded the Fiat (Fabbrica Italiana Automobili Torino) automobile company. During the first half of the 20th century, he was one of Italy's foremost industrialists.

Before going to Europe on busi...

Before going to Europe on business, a man drives his Rolls-Royce to a downtown New York City bank and asks for an immediate loan of $5,000. The loan officer, taken aback, requests collateral. "Well then, here are the keys to my Rolls-Royce," the man says. The loan officer promptly has the car driven into the bank's underground parking for safe keeping and gives the man the $5,000. Two weeks later, the man walks through the bank's doors and asks to settle up his loan and get his car back. "That will be $5,000 in principal, and $15.40 in interest," the loan officer says. The man writes out a check and starts to walk away. "Wait, sir," the loan officer says. "You are a millionaire. Why in the world would you need to borrow $5,000?" The man smiles, "Where else could I find a safer place to park my Rolls-Royce in Manhattan for two weeks and pay only $15.40?"
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