TBD on Ning
O'l Bubba
A Redneck from the south walked into a bank in
New York City and asked for the loan officer. He told the loan officer that he was
going to be in town on business 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 and found that you are a
multimillionaire. What puzzles us is, why would you bother
to borrow $5,000?'
The Good OleSouthern boy replied, "Where else in New York City can I park my
car for two weeks for $23.07 and expect it to be there when I return.
His name was BUBBA...
New York City and asked for the loan officer. He told the loan officer that he was
going to be in town on business 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 and found that you are a
multimillionaire. What puzzles us is, why would you bother
to borrow $5,000?'
The Good OleSouthern boy replied, "Where else in New York City can I park my
car for two weeks for $23.07 and expect it to be there when I return.
His name was BUBBA...
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