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Since 1953, the regional bank Credito Emiliano has accepted curious collateral for small-business loans: giant wheels of Parmigiano-Reggiano cheese

The bank essentially replaces an expensive part of the operations process for dairy farmers in the Emilia Romagna region of Northern Italy. Besides holding the cheese as insurance, Credem stores and ages the wheels in climate-controlled vaults for the duration of the loan. The farmers save on operating costs. And in turn, the bank gains some expertise about a risky industry.

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Since 1953, the regional bank Credito Emiliano has accepted cur Read More

The first person ever to jump off the Brooklyn Bridge was Robert Emmet Odlum. Robert had no intention of committing suicide; he simply wanted to show that a person does not die from falling through the air.

He did this to encourage other people to jump into nets when trapped in a burning building. Besides this, he desired fame and money, which served as additional motivations for his deed. Unfortunately, he did not survive the jump.

Robert fell in the freezing water at a speed of approximately 60 miles per hour. He hit the river surface at an angle, hitting it with his feet and hip. The disastrous outcome of the jump was caused by the strong wind blowing at the time.

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The first person ever to jump off the Brooklyn Bridge was Robert Read More

Did you know the origin of Wall Street?
Just like many things in history it comes back to the brits...

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Did you know the origin of Wall Street? Just like many things in Read More

That was a close one... If you know who my profile picture is yo Read More

After landing in a helicopter at a local helipad, Presley was escorted by limo to and from the show, which was only 10 blocks away. It’s not too surprising to hear Presley traveled in such luxury even on short trips — only the best for rock and roll royalty, of course! However, it’s how he thanked the limo driver after his concert that proves what a kind heart Presley truly had.

While climbing back into the vehicle at the end of the night, Presley asked the driver whether he owned the limo they were in or if he worked for a company.

The driver explained that it was owned by the company he worked for, which apparently didn’t sit too well with the King.

As he made his way out of the limo, Presley responded, “you own it now.” That’s right, it only took two quick trips for the rock and roll icon to essentially give the driver the ability to start his own chauffeur service rather than rely on the smaller percentage of profit he’d likely been getting from a company.

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After landing in a helicopter at a local helipad, Presley was esc Read More

How about that???? What a wonderful idea!

What are your thoughts about this?????

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• Not your average grandpa! Charles Chin is a highly intellige Read More