Sunday, September 6, 2009

Parking Fees

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!"

The Texan replied, "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?"

We are not as dumb as they think we are.

(ya'll know I am from Texas, right??)

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