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All Blog Posts Tagged 'spending' (1)

#26: Here's a thought...

An occasional series in which a review of recent posts on SmartData Collective reveals the following nuggets:



Say cheese

News reaches us from Italy that there is a solution to this problem. Rather than subjecting each and every customer to the risk rating process, Credito Emiliano, a regional bank in Northern Italy, simply accepts a fairly durable commodity as collateral: parmesan cheese. According to Bloomberg, Credito Emiliano keeps cheese worth about 132 million Euros… Continue

Added by Brian Roger on November 27, 2009 at 11:28am — No Comments

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