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The liquid nature of the coupons was a back door way to use price to allocate gasoline supplies.
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The coupons are good for three months.
Now, the coupons are taking advantage of the shoppers.
The coupon-distribution system was poorly thought out and inefficient (and ungreen — the coupons are thick plastic, like credit cards).
Theatergoers complained that the coupons were difficult to locate, but that was precisely the point.
The coupons were coded so that we could determine the group to which students belonged.
The coupons are worth $40, and the most basic converters cost about $50.
This implies that the coupons are expected to trade at 80 cents on the dollar.
"It's so easy because the coupons are already sitting on your phone," Mr. Gilmore said.
But Judge Kaplan, skeptical that the coupons were worth the same as cash, hired economists to evaluate them.
The trading season is short and frenetic: the coupons are nearly worthless once the holiday is over.
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