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January 3, 2011

Basement talk

The council of Gessate, a small town northwest of Milan, entered the unusual deal at the end of last year. The plan sparked much consternation among local politicians and businesses, who claim the arrangement is more costly than it need be.

By Verdict Staff

Basement Talk cartoonGhostly collections

An Italian municipality struggling to find enough funds to enlarge its cemetery has turned to leasing.

The council of Gessate, a small town northwest of Milan, entered the unusual deal at the end of last year.

The plan sparked much consternation among local politicians and businesses, who claim the arrangement is more costly than it need be.

More importantly, what would become of the cemetery in the event of a default?

Basement Talk has heard of graveyards being possessed, but repossessed?

 

Hirsutes you sir!

A game group of Hilton-Baird staffers, with courage high and hearts aglow, at the start of November last year vowed to let their facial hair grow wild in aid of The Prostate Cancer Charity.

They raised an impressive £925 for the cause. But did their ‘taches live up to expectations? You decide. . .Photograph of wine bottle

 

Tasty investments

From graveyards (see earlier story) to vineyards.

Barringtons International, a specialist in leasing South Africa vineyards since 2007, is offering its customers short-term investments with potential returns of 17% to 36% a year based entirely on sales of the wine produced by the vineyards leased.

Annual profits from the scheme can be taken either in cash or in bottles of new world wine.

An investment strategy Basement Talk could really develop a taste for.

 

Photograph of Hilton-Baird staff

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