Redneck Loan

[jmorrow]

>A Redneck from Mississippi walked into a bank in New
> York City and asked for the loan officer. He told the
> loan officer that he was going to Bakersfield 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 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 Mississippi Redneck 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?