A Cowboy from Texas walked into a bank in New York City and asked for a
loan officer.
He told the loan officer that he was going out of town on business for
two weeks and needed to borrow
$5,000.
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 about 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 Red Ferrari as collateral for a $5,000 loan. An
employee of the bank then
drove the Ferrari into the bank's 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 and
found that you are a
multimillionaire from the Texas Oil industry... What puzzles us is, why
would you bother to borrow $5,000
and pay interest on it!"
TheTexanreplied, "Now, where else in New York City could I park my Red
Ferrari for two weeks for
only $23.07 and expect it to be there when I return?"
His name was...Bubba...
:drunk::cheers::wallbash::maxshoot3::icon_welcome:
loan officer.
He told the loan officer that he was going out of town on business for
two weeks and needed to borrow
$5,000.
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 about 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 Red Ferrari as collateral for a $5,000 loan. An
employee of the bank then
drove the Ferrari into the bank's 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 and
found that you are a
multimillionaire from the Texas Oil industry... What puzzles us is, why
would you bother to borrow $5,000
and pay interest on it!"
TheTexanreplied, "Now, where else in New York City could I park my Red
Ferrari for two weeks for
only $23.07 and expect it to be there when I return?"
His name was...Bubba...
:drunk::cheers::wallbash::maxshoot3::icon_welcome: