After a while, a woman approaches him and says "Hi! I'm Patricia Whack, I'll be your loan officer today!"
They sit down and start to discuss the loan. It turns out that the frog is looking for a pretty small loan. Patricia asks "What do you plan to use for collateral?" and the frog produces a small, glass elephant. This doesn't strike Patricia as particularly good collateral. So she asks if there might be anything else. Nope. "Please give me a moment while I run this by the bank manager."
Patricia shows the glass elephant to her manager and directs his attention to the frog. She says "I'm not even sure what this is."
The manager sizes up the situation and says "It's a knick knack Patti Whack. Give the frog a loan!" [ July 19, 2007: Message edited by: Paul Wheaton ]