Redneck loan. REDNECK BANK LOAN
A Redneck from Sweetwater, Texas 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 Texas A&M, 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 Texas 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?
__________________ tejasandre,
2005 Ironhorse Tejas
Last edited by tejasandre; 09-30-2009 at 07:43 PM.
Reason: extra characters.
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