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[dasein]

Greek debt from 5 moths ago, re-posting from arb's thread

http://www.businessi...ece-2011-9?op=1

fake treasuries busted in Switz again

http://www.nytimes.c...bonds-scam.html

if you remember back to this one - June 3 2009, 134.5 billion - http://en.wikipedia...._smuggling_case

" The two [Japanese] possessed 249 U.S. bonds worth $500 million each (among other securities, they also had 10 "Kennedy bonds" denominated at $1 billion each); and the large denominations of the securities, along with accompanying bank documentation was what attracted the Italian police's attention. Large denominations are not available to the general public; only nation-states handle such amounts of money. "

this case never went to court and never had any publicity about it's resolution - the US gov't said the bonds were fake, such denominations were never issued - end of story.

klh