June 19, 2013

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THEY’RE BAAACK: OF BEARER BONDS, HURRICANES, AND SHADOW BANKING: PART ONE

New York Post Bearer Bond

Last Thursday night (that would be the evening of Thanksgiving, Nov 22, 2012), I did a brief News and Views from the Nefarium on the most recent chapter of the Bearer Bonds saga, you know, those mysterious bearer bonds that seem to keep cropping up at the most inopportune times, raising all sorts of inconvenient questions. First we had the Japanese Bearer Bond scandal, where two allegedly Japanese men were apprehended by the Italian Guadia di Finanza, Italy's elite financial police, at the border town of Ponte di Chiasso. They were (if you'll recall the story), aboard a commuter train into … [Read more...]

NOW IT’S FILIPINO BEARER BONDS: A CLOSER LOOK: PART FIVE: A BRIEF POSTSCRIPT

I have noted in the previous sections of this miniseries the peculiar resemblance of the Filipino Bearer Bond scandal to the subsequent Spanish and Italian Bearer Bonds scandals. But there is more information out there about this, and it appears here: FED Bond Notes Billions Or CIA Forgery Plants? Here we note the following things: 1) the Filipino version of the scandal clearly has a connection to China via Hong Kong; 2) it was perpetrated in part by an individual claiming to be a son of former Philippine President Ferdinand Marcos; 3) this individual was prosecuted and sentenced … [Read more...]

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