Wednesday, March 31, 2010
Trade Your Stock Certificates for Steak
No, we are not talking about collectible antique stock certificates, we are talking about modern tradable stock certificates. The high-end steakhouse, Smith & Wollensky, located in mid-town Manhattan, has been offering food in trade for stock certificates, hoping to get customers who may have received bonuses in the form of stock instead of cash. Apparently, one one customer has taken them up on their offer, using two shares of Citigroup (C) for a cup of spinach soup.