Solving a liquidity problem

From The Times of London's Web site:

"In a cold, dark cellar in Paris lie some of the world’s finest wines: 12 bottles of Château d’Yquem, a case of Château Margaux and a 1985 bottle of Romanée-Conti, estimated to be worth almost £4,000. [Nearly $8,000 US.]

“ 'Don’t touch it,' snapped a broad-shouldered warehouseman as The Times reached for the celebrated burgundy. “If you dropped it, the insurance wouldn’t pay.”

His nervousness was understandable, for this is the first time in history that a French pawnbroker has accepted wine as a security against loans for its customers."

Here's the rest of the story.

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