Penny Pincher?

[Homer]

The day's first stumble upon

A man walked into a bank in New York City one day and asked for the loan officer.

He told the loan officer that he was going to Philippines on business for two weeks and needed to borrow $5,000. The bank officer told him that the bank would need some form of security for the loan.


Then the man handed over the keys to a new Ferrari parked on the street in front of the bank. He produced the title and everything checked out The loan officer agreed to accept the car as collateral for the loan.The bank’s president and its officers all enjoyed a good laugh at the guy for using a $250,000 Ferrari as collateral against a $5,000 loan.


An employee of the bank then drove the Ferrari into the bank’s underground garage and parked it there.Two weeks later, the guy returned, repaid the $5,000 and the interest, which came to $15.41.


The loan officer said, “Sir, we are very happy to have had 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 millionaire replied: “Where else in New York City can I park my car for $15.41 and expect it to be there when I return”

Well thats how the rich stay rich, they know a lot more about Money Management. All the millionaires I have met in my life were penny wise. Look after your cents and the Dollars will look after themselves.

[keda]

With a single exception that goes out of his way to plead poverty, the millionaires I know want everyone to know they're rich and don't care how much they spend to show it.

[Frankenstein]

I guess even rich people can be different from each other. The fact that they all have money doesn't mean they have to think alike.

I like the story though.

[Thetyim]

A colleague of mine bought some bankrupt stock.
It was a huge stock of glazed flower pots.
He paid the full asking price.
After concluding the deal I asked him why he didn't hassle the price.

The pots were in a large 10k sq ft warehouse and he had 6 months to clear it all. The storage space was worth three times the value of the pots.

[Homer]

* Deutsche Bank is refusing to provide or pay
for Christmas parties for any staff in their
Global Markets business this Christmas.
(Revenues in the last quarter - $3.5bn)

* Cleaners at Goldman Sachs, London get
paid 5.35 GBP per hour.

* Goldmans has set aside $3.5bn to pay
bankers' bonuses this month.

* And in the US, the bonus pool for the top
five Wall Street firms is $36 billion.
(For 173,000 staff).

There are many sides I guess. Right, on that note I am away for my lunch.

[bar dog]

In the middle of the savanna there was a big tree. Living in the tree was a pack of monkeys. The monkeys occupied different parts of the tree depending on their ability to live off different parts of it and their ability to fight their way to the top.

At the top of the tree sat the biggest monkeys and all they say below them were smiling monkeys looking up.

At the bottom of the tree the little monkeys looked up and all they could see was monkey arseholes.