
June, 08 2009: an unknown Italian news agency, AsianNews.it, published the story that "Bonds worth US$ 134.5 billion are seized. This is the largest financial smuggling case in history. But are they real? Concern over ‘funny money’ or counterfeit securities is spreading in Asia. The international press is silent." and if the international press is silent there is certainly a good reason. The T bonds that were seized included 249 US Federal Reserve Bonds worth $ 500 million each and dated 1934 and 10 "Kennedy Bonds" of $ one billion dollars each!!
June 17: Bloomberg.com released an article on the same subject. " The implications of the securities being legitimate would be bigger than investors may realize. At a minimum, it would suggest that the U.S. risks losing control over its monetary supply on a massive scale"
June 18th the Financial Times, London wrote an article titled " Mafia blamed for $134bn fake Treasury bills"
Many others information media released the same news: such reliable signature as Bloomberg or the Financial times cannot be wrong!!
But if you go a bit further, for example asking any bond dealer what is it about you will immediately know that:
The US government has not issued any physical T bonds since 1980, that no such a bunds were issued in 1934, Only four countries in the world own over $134 billions of Treasuries securities, and consequently no financial institution of any kind could be fooled .
Since June 6 what happened to the two Japanese? No Italian judge send any Japanese citizen to jail in Chiaso. No Italian lawyer got the case. No more news. But millions of readers were fooled. Sorry I'm wrong: some of them have exclusive information: President Obama and President Berlusconi had a phone call about the bonds!!!
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