Do you have change for that 134.5 Billions?

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SSSnail

Lifer
Nov 29, 2006
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http://seekingalpha.com/article/143...cies-in-the-134-5-billion-bearer-bond-mystery

Italy’s financial police (Guardia italiana di Finanza) has seized US bonds worth US 134.5 billion from two Japanese nationals at Chiasso (40 km from Milan) on the border between Italy and Switzerland. They include 249 US Federal Reserve bonds worth US$ 500 million each, plus ten Kennedy bonds and other US government securities worth a billion dollars each. Italian authorities have not yet determined whether they are real or fake, but if they are real the attempt to take them into Switzerland would be the largest financial smuggling operation in history; if they are fake, the matter would be even more mind-boggling because the quality of the counterfeit work is such that the fake bonds are undistinguishable from the real ones.

Kinda weird that the 134.5 Billions in bearer bonds caught are exactly the amount of money unaccounted for from the TARP fund...

What's stranger to me is that the mum from media outlets about this story.
 

gorcorps

aka Brandon
Jul 18, 2004
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Is there a reason this is in OT and not P&N? Get this shit out of here...
 

gevorg

Diamond Member
Nov 3, 2004
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Darrin Blackford, a spokesman for the United States Secret Service, which was contacted by the Italian financial police and the prosecutor’s office to determine the “legitimacy of the seized financial instruments,” said that his agency had verified the bonds were “fictitious instruments and were never issued by the United States government.”

http://www.nytimes.com/2009/06/26/business/global/26fake.html
 
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