US$ 134.5 billion seized at Italian Border

[D-Mack]

Re: US$ 134.5 billion seized at Italian Border

June 17 (Bloomberg) -- It’s a plot better suited for a John Le Carre novel.

Two Japanese men are detained in Italy after allegedly attempting to take $134 billion worth of U.S. bonds over the border into Switzerland. Details are maddeningly sketchy, so naturally the global rumor mill is kicking into high gear.

Are these would-be smugglers agents of Kim Jong Il stashing North Korea’s cash in a Swiss vault? Bagmen for Nigerian Internet scammers? Was the money meant for terrorists looking to buy nuclear warheads? Is Japan dumping its dollars secretly? Are the bonds real or counterfeit?

The implications of the securities being legitimate would be bigger than investors may realize. At a minimum, it would suggest that the U.S. risks losing control over its monetary supply on a massive scale.

The trillions of dollars of debt the U.S. will issue in the next couple of years needs buyers. Attracting them will require making sure that existing ones aren’t losing faith in the U.S.’s ability to control the dollar.

The dollar is, for better or worse, the core of our world economy and it’s best to keep it stable. News that’s more fitting for international spy novels than the financial pages won’t help that effort. It is incumbent upon the U.S. Treasury to get to the bottom of this tale and keep markets informed.

...

This is still a story with far more questions than answers. It’s odd, though, that it’s not garnering more media attention. Interest is likely to grow. The last thing Geithner and Federal Reserve Chairman Ben Bernanke need right now is tens of billions more of U.S. bonds -- or even high-quality fake ones -- suddenly popping up around the globe.
http://www.bloomberg.com/apps/news?p...d=a62_boqkurbI

Letterman gets over 1600 stories on google while this gets a handful


BIGGEST FINANCIAL CRIME IN HISTORY - NOT REPORTED BY MAINSTREAM PRESS

[deepSearch]

Re: US$ 134.5 billion seized at Italian Border

That is exactly what I think. In this case silence tells A LOT! You just said it better than I could.

[thunderdownunder]

Re: US$ 134.5 billion seized at Italian Border

It just puzzles me a bit that after some considerable time nothing has been announced.
If they were fake is would be known by now( Fake! that amount? It is the GDP of a small country. That would never fly)
If they were real is would be known by now( Real and smuggled = WHF. Fedex would be easier and insured.)

Very Weird for such a huge amount of money
Silence is damning!!

Maybe they want it to just go away - In reality I get the feeling something is wrong because of the amount of time that has past. I would lay a wager that quite a few parties to this are running around covering bases /gaps and ass.

It just seems to be a story that does not want to be told - in Truth - literally.

[Andreuccio]

Re: US$ 134.5 billion seized at Italian Border

This comment from another board is interesting

If this were true, why smuggle them? Surely Japan's Finance Minister has access to diplomatic bags.

[Shakespear]

Re: US$ 134.5 billion seized at Italian Border

This comment from another board is interesting

"One fact you've missed. Over that weekend the G-8 Finance Ministers were meeting in Italy. Yosano (the powerful FM of Japan was there, and shortly before the bond bust occurred Yosano publicly re-affirmed the Japanese intention to continue supporting the market for US Treasuries. This statement instantly drove the 10 year bond down in yield from 3.86 to 3.80.

Suppose the bonds were a "good faith gesture" paid by the US to Japan? Japan is struggling with its own economy right now, and is desperately trying to find the funds for economic stimulus. The US would discourage Japan from selling Treasuries for that purpose, but might be willing to give it bearer bonds, which it could move to Switzerland and use as collateral for loans.

Way out there, sure. But the coincidence of the G-8 Finance Ministers meeting should not go unnoticed."

[deepSearch]

Re: US$ 134.5 billion seized at Italian Border

Thanks, I will! ;) (I don't know for sure, usually they don't tell their true colors openly, but yes, maybe such or similar. Greetings and good week.

[cjppjc]

Re: US$ 134.5 billion seized at Italian Border

I know. I found this story of the 134 $$ in Le Monde, and I was surprised not to find it in main papers in the USA and elsewhere. Why such a silence in a note that would be also entertaining? So I thought there maybe something big hidden inside that story. I started googleing the 134 monies and found references of it only here in itulip, in a french blog, and in this weird website I posted the link. The only thing I found of interest there is the affirmation that that money belongs to papa Bush. The rest I don't find it that much credible. But look, as an hipothesis: if the money is not fake, who can have that ammount and not into the open? Only a mafiossi. Is it incredible that Bush sr. is a maffiosi with enough money power? What about some Japanesse? Or even the Vatican! So when I, for the very first time found this itulip forum, as a result of my search for what may be behind this bonds, I found nobody had a clue of it as an explanation in case, just in case, this is not fake bonds. I tried -unsuccesfully as I see now- to provide this crazy links that nevertheless my give a hint. I still think that so called "incredible" sometimes may give hints to what otherwise seems not to have an explanation. I still don't understand why a story in Le Monde, about 134 billion dlls. that were smuggled into Switzerland is no story for, say, the NYT? That is for me very telling. If the money is real, the NYT should have it in front page (IMO) if it is fake, it should be there also. I hope I may have answer your question about why I linked it here. Right?
Regards

Thank you for your explanation. Welcome to iTulip. Please no more crazy links. :p Nazis? :eek:

[Southernguy]

Re: US$ 134.5 billion seized at Italian Border

In my opinion these are fake bonds.
The scam (I went through a similar one years ago) goes as that: One people find a bank which is in a disposition to take as a deposit the assets. As it is a deposit for which the bank is only responsible as a holder of same, no problem. Then they ask the bank to issue some kind of certificate that so and so has deposited in the institution such amount of assets.
With that "certificate" or letter or whatsoever, the scammers go to other bank, probably contact a "friendly" officer and ask a loan guarateed by the huge assets deposited.
Say a "modest" loan....20 million dollars (after all the guarantee is huge)
They probably need a "friendly" officer both in the first and also the second banks.
The scam I knew of involved people assuring they had property papers of land in the amazonia valued at 4 billion usd.
The first officer (I witnessed) politely told them they were not interested in holding the deposit.
End of story.

[deepSearch]

Re: US$ 134.5 billion seized at Italian Border

I know. I found this story of the 134 $$ in Le Monde, and I was surprised not to find it in main papers in the USA and elsewhere. Why such a silence in a note that would be also entertaining? So I thought there maybe something big hidden inside that story. I started googleing the 134 monies and found references of it only here in itulip, in a french blog, and in this weird website I posted the link. The only thing I found of interest there is the affirmation that that money belongs to papa Bush. The rest I don't find it that much credible. But look, as an hipothesis: if the money is not fake, who can have that ammount and not into the open? Only a mafiossi. Is it incredible that Bush sr. is a maffiosi with enough money power? What about some Japanesse? Or even the Vatican! So when I, for the very first time found this itulip forum, as a result of my search for what may be behind this bonds, I found nobody had a clue of it as an explanation in case, just in case, this is not fake bonds. I tried -unsuccesfully as I see now- to provide this crazy links that nevertheless my give a hint. I still think that so called "incredible" sometimes may give hints to what otherwise seems not to have an explanation. I still don't understand why a story in Le Monde, about 134 billion dlls. that were smuggled into Switzerland is no story for, say, the NYT? That is for me very telling. If the money is real, the NYT should have it in front page (IMO) if it is fake, it should be there also. I hope I may have answer your question about why I linked it here. Right?
Regards

[metalman]

Re: US$ 134.5 billion seized at Italian Border

surely not!!

why link to it? it's pack full of cooky stories. we go for credible stories here.

[deepSearch]

Re: US$ 134.5 billion seized at Italian Border

surely not!!

[metalman]

Re: US$ 134.5 billion seized at Italian Border

A little crazy (a lot I would say) but it is about the same story, from a wild perspective:
http://www.whatdoesitmean.com/index1241.htm
Maybe it is not totally accurate, but may give some hints...

nutty! your site?

What You Aren’t Being Told About The World You Live In
“Dirty, Filthy, Christians”: Treatise On The Most Dangerous Death Cult In Human History
An unprecedented work detailing the agenda behind the greatest deception ever foisted upon humanity. (Continued)

Battle Begins For Throne of This World: The Return of the Einherjar Warriors
By: Sorcha Faal “The truest accounting of our World’s present state of Global Chaos, the ‘whys’ and ‘how’s’ are presented in this epic history of what has been kept hidden from humanity. (Continued)

Picking up the Pieces: Practical Guide for Surviving Economic Crashes, Internal Unrest and Military SuppressionBy: Sorcha Faal “In the span of less than 3 months gasoline prices will rise 500%. The prices of both food and shelter rise over 300%. (Continued)

[deepSearch]

Re: US$ 134.5 billion seized at Italian Border

A little crazy (a lot I would say) but it is about the same story, from a wild perspective:
http://www.whatdoesitmean.com/index1241.htm
Maybe it is not totally accurate, but may give some hints...

[deepSearch]

Re: US$ 134.5 billion seized at Italian Border

Ben? hi john!

[cjppjc]

Re: US$ 134.5 billion seized at Italian Border

yeah, that's accurate!

It was easy Ben.:cool: