In our never-ending quest to be your go-to source for developments in Italian cheese finance, we call your attention to the issuance of Parmesan-backed bonds. No word on whether the beleaguered mozzarella industry is also pursuing this path. FinTech startup Cheese.ly cannot be far behind.
The Wall Street Journal reports there is a bull market in at least one commodity: bailouts. I, for one, thought the NASCAR bailout would be impossible to top, but I stand corrected. The world is bailing out banks and car companies. Italy is coming to the rescue of parmigiano cheese. In an effort to help…