Now that is the first good news in a long time I heard about our financial system. A new bank opened its doors in our wine region Rheingau.
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It is in fact named “winebank”. No complex financial instruments, no leveraged transactions, not even loans that could be taken.
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In fact its sole offer is the secure storage of your liquid goods. Good old brick and mortar banking I would say. You may rent a case in the cellar, bring in your precious bottles and let them increase in value as long as you wish. Of course you could also come by at any time of day or night, enter the cellar with a code and pick up the well tempered bottles you want to drink.
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As a special service you can order catering and directly taste the wine there. The only problem is: who protects your wine-investment from yourself in that case?
First step in long needed restructuring of banking system will please wine lovers
Dec2 2009
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