Underwear Bonds
May 16th, 2007
Underwear on the rack. Photo by Mike Fisher.
Recently, I’ve decided to fund the further growth and development of my public relations and social media venture by issuing underwear bonds.
These are bonds that are backed by the contents of my underwear drawer. Not only does this include an assortment of 17 Fruit of the Loom boxer briefs, but also 39 Hanes Cushion Crew socks. They are all white. Making a matching pair is a snap.
Thus, the $2,300,000 I intend to raise will be secured by my haberdashery, which will continue to serve me in my role as Chief Executive Officer, but will be promptly liquified upon default. (Also, laundered.)
Hat Tip: Recovery Czar Dr. Ed Blakely for the novel idea to create an asset-backed security from a liablity.
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