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Where is the MSM on this?

2 Japanese Carrying $134 Billion In U.S. Bonds Detained In Italy
June 11, 2009



Update: Italy’s financial police said they asked the U.S. Securities and Exchange Commission to authenticate $134 billion worth of undeclared U.S. government bonds found in the false bottom of a suitcase carried by two Japanese travelers attempting to cross into Switzerland. A determination is expected within a few days.

Original Post

According to Japan Today, two Japanese nationals were detained by Italian financial police last week after trying to enter Switzerland with $134 billion worth of undeclared U.S. bonds, mostly Treasury bonds, an Italian daily said Wednesday. The Japanese consulate general in Milan confirmed that the detention had taken place and said it was trying to confirm with Italian authorities whether the two were indeed Japanese nationals and their identities.

A

Answer Question
 
Soniam301

Asked by Soniam301 at 5:48 PM on Jun. 15, 2009 in Politics & Current Events

Level 18 (5,892 Credits)
Answers (11)
  • According to the report in il Giornale, two unidentified Japanese in their 50s concealed the bonds, including 249 U.S. Treasury bonds each worth $500 million, in a suitcase with a false bottom that was searched by the Italian authorities June 3 when they were in Chiasso, at the border with Switzerland, about 50 kilometers north of Milan. The daily did not say on what charges they have been detained, but the two may have been detained on suspicion of attempting to take a large amount of securities out of Italy without declaring it because the paper said they had not declared the bonds.

    Soniam301

    Answer by Soniam301 at 5:48 PM on Jun. 15, 2009

  • The treasure was in the hands of two Japanese from Italy were trying to enter Switzerland. In a suitcase were 249 bonds of the ‘Federal Reserve‘ American in the nominal value of 500 million each, and 10 ‘ bond Kennedy ‘ of the nominal value of $ 1 billion each, in addition to whta is described as very original banking documentation.


    Everything has been reported to have been seized and authorities are investigating the 2 as well as the authenticity of the bonds.

    Soniam301

    Answer by Soniam301 at 5:49 PM on Jun. 15, 2009

  • Soniam301

    Answer by Soniam301 at 5:50 PM on Jun. 15, 2009

  • http://www.google.com/hostednews/canadianpress/article/ALeqM5jvPY0YluJr4f1fCk7y_HNGe44LMg

    www.japantoday.com/category/crime/view/2-japanese-carrying-134-bil-worth-of-us-bonds-detained-in-italy

    Just in case the one link is "not a proper news source"
    Soniam301

    Answer by Soniam301 at 5:54 PM on Jun. 15, 2009

  • Oooooh that IS very interesting!!! Thanks for posting it!


    good

    LoriKeet

    Answer by LoriKeet at 6:40 PM on Jun. 15, 2009

  • it is interesting because really only countries have that much in us bonds and if it is not counterfit and a country is trying to get rid of them, that is really bad for our economy.
    china
    russia
    japan
    are three of the 4 that have that much in bonds, i cant remember the 4th.
    Soniam301

    Answer by Soniam301 at 7:44 PM on Jun. 15, 2009

  • Bigger media outlets don't pick up every story.
    They pick up the stories that are going to sell, that's it. If you don't like it, get your news somewhere else.
    Anonymous

    Answer by Anonymous at 8:05 PM on Jun. 15, 2009

  • Oh, anon, I think this story would sell! That's why the MSM is keeping it under wraps!
    LoriKeet

    Answer by LoriKeet at 8:11 PM on Jun. 15, 2009

  • sonia--

    Maybe George Soros is the "fourth country!" LOL
    LoriKeet

    Answer by LoriKeet at 8:12 PM on Jun. 15, 2009

  • Anon OBVIOUSLY I DO, how else would I have gotten this story? DUH!

    Soniam301

    Answer by Soniam301 at 8:12 PM on Jun. 15, 2009

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