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Old 06-18-2009, 10:53 PM   #31
ZenGum
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That story appeared in the wierd news thread recently, with a different source, but Slang's link gives more analysis.
Who the hell has $134 billion to smuggle? Even Bill Gates doesn't have that much. A government? Then why didn't they use a diplomatic bag, and go risk free? A corporation? who the hell has that kind of moolah? And why are they moving it? Tax evasion? Crime proceeds? Hiding assets before the bankruptcy case?
Or are the bonds forgeries? If passable fakes in the billion dollar range are circulating, goodbye confidence in the dollar. Even if they are real, the idea that huge sums are sloshing about undeclared to regulators undermines confidence.
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Old 06-19-2009, 03:29 AM   #32
slang
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Quote:
Originally Posted by ZenGum View Post
Or are the bonds forgeries?
If they are forgeries they may be a big problem for the US. If they are not forgeries they may be a big problem for the US.

Why do we not know more about this case? Are the details previously reported accurate? Are there no reporters or investigators available to follow up on the report?
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Old 06-19-2009, 04:47 AM   #33
DanaC
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This was from Faux news? ahh. OK. That sort of changes everything lol.
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Old 06-19-2009, 05:02 AM   #34
slang
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Japanese wise guys?
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Old 06-19-2009, 07:57 AM   #35
classicman
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Not a good sign. They weren't making them just for fun. Even though
Quote:
“They are all fraudulent, it’s obvious. We don’t even have paper securities outstanding for that value,’’ said Mckayla Braden, senior adviser for public affairs at the Bureau of Public Debt at the US Treasury department. “This type of scam has been going on for years.’’

The Treasury has not issued physical Treasury bonds since the 1980s – they are handled electronically – though they still issue savings bonds in paper format.
Didn't hear about this one at all ....
Quote:
Italian prosecutors revealed last month that they had cracked a $1bn bond scam run by the Sicilian Mafia, with the alleged aid of corrupt officials in Venezuela’s central bank. Twenty people were arrested in four countries.
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Old 06-20-2009, 11:49 AM   #36
richlevy
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*grins* sticks and stones may break my bones, but come the revolution you're first against the wall mate :P
Really? He's 513th on my list.

I putting Bruce as #1. Not because I have anything against him politically. I just want to steal his women.

BTW, for Cheney, Kirk, and many of the dispossessed Republicans, it all about the schadenfreude.
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