(June 16, 2009) Here's yet another huge financial story that has been virtually blacked out by the US financial media.
Although on the surface, this story appears to be a non-event, if we consider some of the released facts about this case, you will understand why I consider it to be a huge story.
On June 8th, the Asia News reported the following story:
"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.
Read more @ Conspiracy Planet
1 comment:
The big question, still, is what the apparent forgerers hoped to do with the paper.
Nothing, there isn't anything you can do with 249 bonds worth 500 million dollars each one and others worth 1 billion each one.
No one and no bank would take them without checking whether they're true.
This is the reason they're real bonds.
No one has ANY INTEREST to forge bonds of those amounts.
They're not fake. They're bonds given to foreign central banks only.
Post a Comment