7 thoughts on “TIDBIT: THOSE JAPANESE BEARER BONDS REVISITED”

  1. It’s pretty clear to me that this incident in 2009 was a case of someone sending a USD134.5bn message to someone else. If the bonds in question were legitimate and the property of the Japanese government, there was absolutely no reason for those bonds to be on a train in Italy, and no need for them to be sold in Switzerland. Even bearer bonds issued in 1934 can and would be electronically registered, traded and settled (anonymously). If they were legitimate bonds being moved from the custody of, say, The Vatican Bank to the custody of a Swiss bank, then they would have traveled in one or more armored vehicles/trains. If a state actor were involved, the diplomatic pouch might have been used. In no event other than private crime would a couple of blokes on public transport have been the couriers of choice. Unless you wanted to send a message.

  2. With respect to the bonds it just smells fishy in that ultimately I view it as a ingenious way of redeeming
    Without paying on huge swaths of debt lol lol so calling them fake means never paying out lol lol what a great way of eliminating debt
    Especially off books debts

  3. Japanese, is missing a letter “e” in your bold headline!
    After months of investigation,
    I’m convinced Bolton will soon be suggesting a naval blockade of North Korea to
    Prevent export of illegal arms
    And to enforce new deeper sanctions on the regime as it
    Resumes it’s pretrump posture testing missiles etc
    China’s development in militarizing it’s approach routes is certainly entwined
    In this new US probability
    Which apparently China saw coming.. some time ago

      1. Pesky AI.
        I get it all the time.
        Even proofreading, doesn’t work.
        I even wonder if the camera’s not tied into the dirty deed; because when I look,no mistake.
        Don’t look, mistake.

        Jack Nicholson in, As Good As It Gets:
        “Sell crazy someplace else, we’re all stocked up here.”

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