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A Redneck from Sweetwater

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  • TxPhantom

    Active Member
    Rating - 0%
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    Apr 5, 2008
    588
    31
    Frisco, Texas
    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 festival, for two weeks, and
    needed to borrow $5,000. 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 $23.01.
    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 highly
    sophisticated investor and multimillionaire 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 $23.01
    and expect it to be there when I return?"
    His name was BUBBA.
    Just can't beat these west Texas boys.
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