TIDBIT: THOSE JAPANESE BEARER BONDS REVISITED
March 6, 2019 / /
Apropos of today's main blog, I am reposting this story that I blogged about some years ago. This article was shared by Mr. K:
Everything suggests that the American bonds seized at Chiasso are real
Posted in Tidbits
7 Comments
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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.
odd message.
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
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
Right you are! I know I typed it but sometimes my computer doesn’t post it. thanks for the notice.
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.”
It looks like a duck, quacks like a duck, walks like a duck;
so whose goose is being cooked?