California IOUs trade on Craigslist

Amid the vacation rentals and used cars for sale, browsers of the website Craigslist will now find a unique offer: for California IOUs.

“If you are receiving a Cali­fornia IOU and you need cash immediately, please contact me. I may be of assistance,” reads one posting.

via FT.com / US & Canada – Wall Street gears up to trade California IOUs. (h/t gramercy images)

Massage not included.

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