The Week in Review: Funny Money Stories

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1. Madoff’s liquor cabinet up for auction

Talk about your liquid assets: On June 4, pricey wines and liquors collected by scam master Bernie Madoff will be auctioned off, with the proceeds going to pay back some of his victims. “The most expensive batch is the 12-bottle case of Chateau Mouton-Rothschild, vintage 1996,” CNN reported. “Bidding will begin in the range of $3,200 to $3,800 for the whole lot.”

2. Notre Dame says no to ‘Made in China’ on Fighting Irish souvenirs

Only one major U.S. university in the nation bans factories in China from producing items with its logo on it – and they may be teaching others a lesson. “Notre Dame prohibits the goods because China, the top source of U.S. imports, doesn’t permit independent labor unions,” Bloomberg reported. “The ban is attracting fresh attention from Washington lawmakers who say China has begun a renewed crackdown on dissidents.”

3. Panera’s pay-what-you-can cafe is a success

When the Panera restaurant chain opened a nonprofit location in Montana – without cashiers and just a box for “suggested” prices – it didn’t expect to make nearly as much money as at one of its for-profit stores. “Few take advantage of the system,” MSNBC reported. “Generally, peer pressure prevents that sort of behavior.”

4. ‘Does not supply oxygen’ and other silly warning labels

On a hot tub: “Avoid drowning.” That’s just one of the finalists in the 14th annual Wacky Warning Labels Contest that “calls out silly warning labels and rails against lawsuits it deems frivolous,” MSNBC reported. A winner will be announced next month.

5. Cars.com accidentally cracks up its Chevrolet Volt

The federal government purposefully wrecks cars to determine their safety ratings, but when Cars.com got its hands on a Chevy Volt electric car to review it, the website’s driver crashed it. But there was a silver lining: “The episode is an interesting insight into how the electric car does in a crash, and how much it costs to get repaired,” USA Today reported.

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