Wwildman
Never Give UP
- Joined
- Apr 16, 2005
- Location
- Garner, NC
His name was Bubba, he was from Marietta,Ga. and he walked into a bank in
New York City and asked for the loan officer. He told the loan officer that
he was going to Paris for an international redneck festival for two weeks and
needed to borrow $5,000 and that he was not a depositor of the bank.
The bank officer told him that the bank would need some form of security for
the loan, so the Redneck handed over the keys to a new Ferrari. The car was
parked on the street in front of the bank. The Redneck produced the title and
everything checked out. The loan officer agreed to hold the car as collateral for the
loan and apologized for having to charge 12% interest.
Later, the bank's president and its officers all enjoyed a good laugh at the
Redneck from the south for using a $250,000 Ferrari as collateral for $5,000 loan.
An employee of the bank then drove the Ferrari into the bank's private underground
garage and parked it.
Two weeks later, the Redneck returned, repaid the $5,000 and the interest of
$23.07. The loan officer said, "Sir, we are very happy to have had your business,
and this transaction has worked out very nicely, but we are a little puzzled. While you were
away, we checked you out on Dunn & Bradstreet and found that you are a Distinguished Alumni
from Clemson University, a highly sophisticated investor and multi-millionaire with real
estate and financial interests all over the world. Your investments include a large number of
wind turbines around Sweetwater , Texas . What puzzles us is, why would you bother to borrow
$5,000?"
The good 'ole boy replied, "Where else in New York City can I park my car
for two weeks for only $23.07 and expect it to be there when I return?"
Keep an eye on those southern boys.
New York City and asked for the loan officer. He told the loan officer that
he was going to Paris for an international redneck festival for two weeks and
needed to borrow $5,000 and that he was not a depositor of the bank.
The bank officer told him that the bank would need some form of security for
the loan, so the Redneck handed over the keys to a new Ferrari. The car was
parked on the street in front of the bank. The Redneck produced the title and
everything checked out. The loan officer agreed to hold the car as collateral for the
loan and apologized for having to charge 12% interest.
Later, the bank's president and its officers all enjoyed a good laugh at the
Redneck from the south for using a $250,000 Ferrari as collateral for $5,000 loan.
An employee of the bank then drove the Ferrari into the bank's private underground
garage and parked it.
Two weeks later, the Redneck returned, repaid the $5,000 and the interest of
$23.07. The loan officer said, "Sir, we are very happy to have had your business,
and this transaction has worked out very nicely, but we are a little puzzled. While you were
away, we checked you out on Dunn & Bradstreet and found that you are a Distinguished Alumni
from Clemson University, a highly sophisticated investor and multi-millionaire with real
estate and financial interests all over the world. Your investments include a large number of
wind turbines around Sweetwater , Texas . What puzzles us is, why would you bother to borrow
$5,000?"
The good 'ole boy replied, "Where else in New York City can I park my car
for two weeks for only $23.07 and expect it to be there when I return?"
Keep an eye on those southern boys.
Hahaha! Good one!
