Vini, formaggi e prosciutti...

Wine as collateral for bank loans

http://www.ansa.it/site/notizie/awnplus/english/news/2009-08-18_118409241.html

Indeed, if parmesan is OK, why not vino?

 

I like the idea...In vino veritas !

Hum...when will the first wine derivatives exchange be set up ?

 

Moody's can rate the cork. Mnnnnn, corks AAA, life doesn't get any better than this. Got cork?

 

I wonder if this means that the cheap sh1t you buy at the supermarket would be called a CWO (Collateralized Wine Obligation)? You could have CCOs and CHOs too.

I think this thing could go far...