Swap meet: after a decade in the barter business, Jim Munson struck out on his own to form a hybrid exchange that uses cash; the results are mixed. (Small Business).

From: Los Angeles Business Journal | Date: June 9, 2003| Author: Myerhoff, Matt | Copyright information

FOR Jim Munson, it felt like a real coup.

After years of running an office for Barter Exchange International in Burbank, he broke off three years ago to form his own operation, signing up longtime BXI member Angelyne.

"When I told her I was starting up my own exchange, she said she wanted to be my first member," he said. "But she hasn't done any transactions yet."

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