> 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?"