Welcome to

"Alabama Redneck"

A Redneck from Pohickey, Alabama 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 on 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 highly sophisticated investor and multimillionaire with
real estate and financial interests all over the world. What
puzzles us is, why would you bother to borrow $5,000?"

The good 'ol Alabama 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?"