Tuesday, March 4, 2008

Pig's Feet on Wall Street

Hormel's pig feet list for $2.79. In a restaurant, you get 10X the price. Grind up the collagen, and have a botoxed Hollywood starlet advertise it as her anti-wrinkle trade secret, and you get 10X the restaurant price. For pig's feet!

The Telegraph has an article about NY's restaurant, Hakata Tonton:

Pig's Feet: The latest Superfood The latest anti-aging food? Pigs' trotters. That's right, you heard it here first. In New York, the most talked-about new opening of the past couple of months has been a Japanese restaurant called Hakata Tonton, where 33 out of the 39 dishes contain pigs' feet.

The reason for this, according to its owner, Himi Okajima, is that they are rich in collagen, the protein responsible for skin and muscle tone, more recognisable to beauty addicts in the form of face creams and fillers.

http://www.telegraph.co.uk/health/main.jhtml?xml=/health/2008/03/03/hage103.xml

What happens when you take a substandard credit, and throw a wrapper and a credit default swap on it, and have one of the investment banks peddle it? Now you know why no bank wants another bank's paper.

They sold the pig's feet!

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