Saturday, February 21, 2009

Plan To Start Little Stationery Store Too Sad For Bank To Deny Loan

KANSAS CITY, MO—Loan officers at the First National Bank of Kansas City defended their decision to lend local man Tim Creamsby $650,000 to open a small stationery store Monday, explaining that, while the business's long-term prospects were poor, the idea was "simply too pathetic and heartbreaking" not to sign off on.
"In order to qualify for a loan of that size, an applicant normally must demonstrate significant financial holdings, have an impeccable credit score, and fill out a number of contracts," First National loan officer Robert Lewiston said. "But when I met Mr. Creamsby and listened to his pitiful story about how he'd worked all his life at an office-chair factory to save up for his dream—his dream to have a little shop where people could buy thank-you notes and maybe pick up some fountain-pen ink every now and then—well, I blurted out the first number that came to mind just to make him stop."

Read more at The Onion.

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