Mel69rrvert
Well-Known Member
His name was Bubba, he was from Mississippi..... and he needed a loan,
so.......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 a $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 Ole Miss 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?"
>
>His name was BUBBA....
>(Keep An Eye On Those Southern Boys)
so.......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 a $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 Ole Miss 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?"
>
>His name was BUBBA....
>(Keep An Eye On Those Southern Boys)